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- (305) 790-0199
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1950
Sq.Footage
7,085
Investor dream! Fully remodeled 15-unit multi-family apartment building located in South Miami! Recent roof, 15 units 100% remodeled including plumbing, electrical panels/kitchens/appliances/AC, all impact windows and doors, electrical meter room 100% redone including all new wiring, coins Laundry with new washer and dryer, and much more, 40 certification granted in 2022! Two 2 bed/1bath units, One 2/2 unit, two 1bed/1bath units and 10 studio units. all units occupied! Individually metered and Income producing, current gross yearly rent rolls $242.000k$ actual cap rate 5.07%, net income $151,896 ! Pro forma rent rolls $289,000, pro format cap rate 6.07% pro format NOI $181,764! No financing contingency. Offering Memorandum on request.
Features & Amenities
Interior
Area & Lot
-
Property Type
Residential Income
-
Architectural Style
Fourplex
Exterior
-
Garage
No
-
Construction Materials
Block
Financial
-
Sales Price
$2,995,000
-
Tax Amount
31686.0
-
Zoning
0100
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Location
County
Miami-Dade
Elementary School
Middle School
High School
Listing Courtesy of Eric Amsallem , Beachfront Realty Inc
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Realtor
JarrodGaylis
Call Jarrod today to schedule a private showing.
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