Excellent investment opportunity in Miami. This 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… Read More 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% Read Less
Courtesy of Lifestyle International Realty, Massiel Perdomo, 305-809-8085.
Listing Snapshot
Days Online
89
Last Updated
Property Type
Multi Family
Square Ft.
15,299
Lot Size
0.35 Acres
Year Built
1955
MLS Number
A12054966
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 1955, Toal building area: 15299, 1 total unit
Lot
0.35 acres
Parking
Assigned
Property
Zoning: 3900
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