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- (305) 790-0199
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1953
Sq.Footage
3,635
This fully renovated 17-unit multifamily property is located in Miami’s thriving Little River submarket and presents a prime investment opportunity. All the units have undergone extensive upgrades, including new roofs, hurricane-impact windows/doors, modern electrical systems, and fully remodeled kitchens and bathrooms. Making the property turn-key and minimizing maintenance costs. The property has ample parking.The property generates a net operating income of $198,000, and yields a capitalization rate of 6.08% the asking price. Its strong financial performance and prime Buena Vista location present an opportunity for investors seeking stable returns in a rapidly appreciating area.
Features & Amenities
Interior
Area & Lot
-
Property Type
Residential Income
-
Architectural Style
Fourplex
Exterior
-
Garage
No
-
Construction Materials
Other
Financial
-
Sales Price
$3,250,000
-
Tax Amount
11833.0
-
Zoning
3900
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Location
County
Miami-Dade
Elementary School
Middle School
High School
Listing Courtesy of Alfredo Riascos , Gridline Properties
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Realtor
JarrodGaylis
Call Jarrod today to schedule a private showing.
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