Unique investment opportunity with this waterfront mixed 5-unit multifamily property in the heart of Oakland Park. Nestled in a sought-after neighborhood on the serene Middle River, this lucrative investment offers a single-family 2/2 home complemented by a secondary structure hosting 4 other units- 2/1, 1/1, and two studios. Situated on a generous ~ 12,000 sqft lot, this fully occupied gem produces $120K annually in gross rental income. Recent upgrades include roofs (2020), HVAC system (8 years), and tankless water heaters (2022). Enhanced with new gutters and vapor barriers (2024), Studio kitchens upgraded (2023/2024), new pool pump and heater (2024). The property features community areas, on-site laundry, and a lush tropical landscape with a large sparkling pool.
- Age: Over 50 Years Old
- Amenities: Water Front
- Architecture Style: Other
- Building Units: 5
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Cooling System: Central Air
- Cooling System: Wall/Window Unit(s)
- Floor Covering: Vinyl
- Floor Covering: Tile
- Legal Description: OCEAN BOULEVARD PARK 21-45 B LOT 4,3 E1/2 BLK 3
- MLSID: A11771376
- Parking Spaces: 7