7-unit apartment building located in the booming area of Little Havana within close proximity to Downtown Miami and Brickell. Fully renovated building with new kitchens, updated plumbing and electrical systems. The property is a true turnkey asset with no deferred maintenance and perfect for an out of state… Read More investor looking for passive income or an experienced operator looking to add to its portfolio. Key upgrades include impact windows, a new standing seam metal roof, modern interiors with terrazzo floors and walk-in showers, and brand-new kitchens outfitted with new cabinets and stainless steel appliances. Great turn key investment opportunity at an above 6% cap. Situated in a growing South Florida residential area with over 86,000 people and average household incomes exceeding $107,000 within a 1-mile radius, the property benefits from easy access to 8th & 7th Streets, West Flagler, and I-95, offering strong proximity to downtown. Priced below replacement cost and designed for easy, low-touch management, it presents an attractive value-add opportunity. Read Less
Courtesy of Resivest Realty LLC, Leonardo Delgado Jr, 786-368-7865.
Listing Snapshot
Days Online
55
Last Updated
Property Type
Multi Family
Square Ft.
2,399
Lot Size
0.17 Acres
Year Built
1950
MLS Number
A12073081
30 Days Snapshot Of 33130
$643k
0%
(avg) sold price
0
-100%
homes sold
151
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road frontage type: City Street
Building
Built in 1950, Toal building area: 2399, 1 total unit
Cooling
Central Individual
Expenses
Insurance: $8,797, Maintenance: $750
Floors
Terrazzo
Lot
0.17 acres
Parking
Assigned
Property
Zoning: 3900
Roof
Metal
Security Features
Fire Alarm, Security Fence
Taxes
Annual amount: $24,555
Tenant Pays
Electricity, Interior Electric
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
Confirm your time
Fill in your details and we will contact you to confirm a time.
