271 NW 41st St
Oakland Park, FL 33309
Multifamily Property For Sale
·
4 Units
Property Facts
| No. Units | 4 | Building Size | 2,608 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1959/2010 |
| Building Class | C | Parking Ratio | 2.3/1,000 SF |
| Lot Size | 0.19 AC | ||
| Zoning | RM-16 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 2,608 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1959/2010 |
| Parking Ratio | 2.3/1,000 SF |
| Zoning | RM-16 |
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
- Washer/Dryer Hookup
- Ceiling Fans
- Refrigerator
- Range
- Tub/Shower
- Yard
- Garden
- Lawn
- Patio
- Porch
Site Amenities
- Fenced Lot
About 271 NW 41ST ST , OAKLAND PARK, FL 33309
Oakland Park 4-plex with more than $20,000 in recent capital improvements offered at a 7% CAP rate. Just off Andrews and just south of Commercial, just off 95. The property is solid concrete block and stucco construction, and the roof was replaced at the end of 2017 and the entire electrical service with a new weather head, service entrance, distribution panel, and meter cans was also completed replaced earlier this year. Two of the units were renovated in 2010 and two could use upgrades if desired. Two units have been occupied by the same family for 20 years. One of those tenants serves as an onsite property manager who collects rents, handles maintenance and mows the lawn. Rents range from $800/month to $925/month and can be increased across the board. This is an ideal starter property for a first-time investor, easy to understand, maintain, manage and finance.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $875.00 | 600 |
Property Taxes
| Parcel Number | 49-42-22-08-1650 | Improvements Assessment | $620,040 |
| Land Assessment | $58,800 | Total Assessment | $678,840 |
Property Taxes
