161 NW 40th St, Oakland Park, FL 33309

Property Description

Remodeled 5-unit building in Oakland Park. Tremendous area growth. Great cash flowing property with above market rates that consists of four 1 bedroom / 1 bath units and one 2 bedroom / 1 bathroom unit. Property features include stainless steel appliances, laminate wood flooring, granite countertops and the roof was resurfaced in 2021. Strong investment opportunity on large lot totaling 14,658 SF (0.34 Acres). Option to further remodel to additionally increase rents. Owner has plans to add an additional 3 bed / 2 bath unit that are available on request. Offering memorandum (financials) attached for review. Please submit offer with POF and/or pre-approval letter.