355 NW 32nd Street Unit 1-6, Oakland Park, FL 33309

$1,300,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,300,000
Days on Market
185
MLS#
A11978741
Year Built
1965
Acres
0.32
MLS Area Major
3720

Property Description

Excellent opportunity to acquire a 6-unit multifamily property in Oakland Park, ideally located east of U.S. Route 1. The property features a desirable unit mix consisting of four 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and one studio, appealing to a broad tenant base. The property currently generates nearly $10,000 per month in rental income with a Net Operating Income (NOI) of $93,405. All tenants are on month-to-month leases, offering immediate upside through potential rent increases to market rates. Strategically located just minutes from Fort Lauderdale Beach, I-95, and Fort Lauderdale–Hollywood International Airport, the property benefits from strong rental demand in a highly desirable east-of-US-1 location. This is an excellent opportunity for investors seeking stable cash flow with significant value-add potential.

Additional Information

Heating
Central, Individual
Air Conditioning
Central Air
Exterior Construction
Block
Roof
Shingle

Listing courtesy of Fausto Commercial Realty Consultants Inc. Contact:

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks