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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1955
Sq.Footage
15,299
Excellent investment opportunity in Miami. This fully stabilized and 100% occupied multifamily portfolio features 16 units, all boasting desirable 2-bedroom, 1-bathroom layouts. The property consists of four separate structures situated across two massive adjacent lots totaling 30,573 square feet of land with two separate Folios. Every unit has been remodeled with fully renovated kitchens, fresh paint, and modern finishes. Generates a strong GPI of $38,480, $461,760 annually this turnkey asset is highly efficient to run, featuring assigned parking per unit and individually..located conveniently near Allapattah station metro rail located at both addresses 2090 NW 31st St and 2081 NW 30th St. Perfect addition to any investor's portfolio looking for immediate, hassle-free cash flow in Miami's growing city. Perfect for investors, 1031 exchange, minimal work with a great return. NOI $375235.56 Cap Rate 7.51%
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Assigned
-
Pool
No
Area & Lot
-
Lot Size(square feet)
15,299
-
Property Type
Commercial Sale
-
Property Sub Type
Multi Family
Price
-
Sales Price
$4,995,000
-
Zoning
3900
-
Sq. Footage
15,299
-
Price/SqFt
$326
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
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Location
County
Miami-Dade
Elementary School
Middle School
High School
Listing Courtesy of Massiel Perdomo , Lifestyle International Realty
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Realtor
Jarrod Gaylis
Call Jarrod today to schedule a private showing.
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