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3981 NE 8th Ave Oakland Park, FL 33334
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Key Details
Sold Price $600,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Subdivision Oakland Park Second Add 1
MLS Listing ID F10294278
Sold Date 09/03/21
Style Fourplex
Construction Status Resale
HOA Y/N Yes
Year Built 1959
Annual Tax Amount $7,484
Tax Year 2020
Property Description
AN AMAZING INVESTMENT PROPERTY IN OAKLAND PARK, PROPERTY FEATURES 4 UNITS WITH TWO BUILDINGS. THE MAIN HOUSE IS A 2/1 WITH ITS OWN LAUNDRY ROOM. THE TWO STORY BUILDING IS A 2/1 UPSTAIRS AND A 1 BEDROOM AND AN EEFFICENCY DOWNSTAIRS. THE UPSTAIRS UNIT IS A LONG TERM TENANT ON MONTH TO MONTH. THE REST OF THE UNITS LEASES REMAIN FOR A COUPLE OF MONTHS, EASILY CAN BE RENTED FOR MORE ABOVE 5K A MONTH. AT THE CURRENT RENT IT IS A 7% CAP PROPERTY. THIS PROPERTY HAS TWO ENTRANCES FROM TWO DIFFERENT STREETS WITH PLENTY OF PARKING. IDEAL FOR OWNER OCCUPANT WHO WANTS TO RENT OUT THE REST AND HELP COVERING THEIR EXPENSES OR PUT A POOL IN AND TURN IT INTO AN AIRBNB. THE LOT WOULD ALSO BE GOOD TO DEVOLOP TOWNHOMES AS CAN PUT IN 6 OR MORE.
Location
State FL
County Broward County
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Zoning R-1
Interior
Heating Central Heat
Cooling Central Cooling
Flooring Tile Floors
Exterior
Water Access N
Roof Type Flat Tile Roof
Private Pool No
Building
Lot Description 1/4 To Less Than 1/2 Acre Lot
Story 2.0000
Foundation Cbs Construction
Sewer Municipal Sewer
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is
Read Less
Bought with Macken Realty Inc
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