$855,000 $564/sf Earn $17,100
$855,000
Credit Back up to $17,100*
$564.36/sf
Active - Multi Family for sale
Prime Multi-Family Property in the Heart of Miami. This MF property is a Duplex turned into and performing as a Quadplex. This property offers exceptional value in the heart of the Allapatah area. The location is just minutes from Miami's beautiful beaches and major expressways. Little to none renovations needed. Property Highlights: - Two units recently fully renovated (less than 7 months ago) - New Appliances and A/Cs - Commercial laundry room for coin-operated machines that can generate $2,500 - $3,000 annually - Under-market rent, with potential annual gross revenue of up to $107,000 - All units have hurricane shutters - Unit Split: 3-1, 2-1, 1-1 , 1-1 - Current Annual Gross Revenue: $96,600 - Current NOI: $78,866 - Cap Rate: 9.7%
MLS: # A11750023
* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.
What will my commute be?
Status: Active
Listed Date: 02/21/2025
Days On Market: 2
Lot Size (Acres): 0.18
Lot Size (Square Feet): 7666.56
Year Built: 1924
Parcel Number: 01-3127-010-2041
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