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
229
Last Updated
Property Type
Multi Family
Square Ft.
3,200
Lot Size
0.23 Acres
Year Built
1976
MLS Number
A11897683
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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