Reduced for quick sale ......Turnkey 5-unit multifamily in Allapattah area. Property sits on a gated 9,975 SF lot with on-site parking and upgraded interiors. (3) 1BD + (2) 2BD units. Recent renovations include new kitchens, new bathrooms, impact windows, and updated interiors. Features separate electric meters, low operating expenses, and… Read More on-site laundry. Strong Section 8 rental potential and upside in rents. Zoning (T4-R) allows for value-add or redevelopment potential. Ideal for buy-and-hold investors, 1031 exchange buyers, or cash-flow seeking operators seeking a Miami multifamily asset. Located minutes to Wynwood, Midtown, Health District, and major highways. Great income-producing opportunity with long-term appreciation in Miami’s urban core. Read Less
Courtesy of Douglas Elliman, Miguel J Solis, 305-695-6060.
Listing Snapshot
Days Online
343
Last Updated
Property Type
Multi Family
Square Ft.
3,200
Lot Size
0.23 Acres
Year Built
1976
MLS Number
A11897683
30 Days Snapshot Of 33142
$308k
0%
(avg) sold price
0
-100%
homes sold
187
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1976, Building features: Laundry Facilities, Construction materials: Block, Toal building area: 3200, 2 total units
Cooling
Central Individual, Wall/Window Unit(s)
Heating
Window/Wall
Lot
0.23 acres
Parking
Assigned, On Street, 7 total parkings
Property
Zoning: 3900
Roof
Shingle
Security Features
Security Fence, Smoke Detector(s)
Sewer
Public Sewer
Taxes
Annual amount: $15,719
Tenant Pays
Electricity, Interior Electric
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