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$1,075,000
Est. payment /mo
3,310 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,310 sqft
Price per Sqft $324
MLS Listing ID A11648497
HOA Y/N No
Year Built 1963
Annual Tax Amount $2,289
Property Sub-Type Multi Family
Property Description
PRICE REDUCED – FANTASTIC MULTIFAMILY INVESTMENT OPPORTUNITY
Exceptional opportunity to acquire 4 rental apartments in a well-maintained 12-unit building. All units include separate electric meters, and tenants pay their own electricity
All units included in the sale
Unit #5 – 750 SF | Rented at $1,800/month
Unit #9 – 1,025 SF | Rented at $1,685/month
Unit #11 – 750 SF | Vacant
Unit #12 – 785 SF | Rented at $1,500/month
Value-Add Upside
Units are currently well below market rents, allowing for significant rental growth and improved cash flow as leases turn.
Operating Details
HOA Fee: $400/month per unit
HOA Includes: Water + Garbage
Tenant Paid: Electricity (separately metered)
Selling as a portfolio only:
$268,750 per unit
Total Investment: $1,075,000
Exceptional opportunity to acquire 4 rental apartments in a well-maintained 12-unit building. All units include separate electric meters, and tenants pay their own electricity
All units included in the sale
Unit #5 – 750 SF | Rented at $1,800/month
Unit #9 – 1,025 SF | Rented at $1,685/month
Unit #11 – 750 SF | Vacant
Unit #12 – 785 SF | Rented at $1,500/month
Value-Add Upside
Units are currently well below market rents, allowing for significant rental growth and improved cash flow as leases turn.
Operating Details
HOA Fee: $400/month per unit
HOA Includes: Water + Garbage
Tenant Paid: Electricity (separately metered)
Selling as a portfolio only:
$268,750 per unit
Total Investment: $1,075,000
Location
State FL
County Miami-dade
Area 22
Direction Use GPS
Exterior
Private Pool Yes
Others
Tax ID 07-22-09-012-0050
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11648497
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Listed by The Keyes Company
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