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- MLS#A10966454
- TypeCommercial
- CountyMIAMI-DADE
- CityMiami
- Area31
- Zip33125
- StyleMultiFamily
- Year Built1963
- Taxes8314
- Price$ 1,250,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size7,004 SqFt
Listing Provided Courtesy Of:
Floridian First Realty Corp
Data Source:
Southeast Florida MLS SEFMLS
Property Description
Seller financing preferred, building is Section 8 approved, and current rents are below market average. Rare six-unit multifamily opportunity in Allapattah, one of the most sought-after areas in Miami. Conveniently located near the 836 Expressway and the Miami Health District, this building offers excellent investment and income-producing opportunities. This well maintained, recently painted building consists of six 2 bedroom and 1 bath units. The roof was replaced two years ago. Each unit features central air, a separate electrical and water meter, and one assigned parking space. On-site laundry facilities provide an additional income stream. Great upside proforma cap rate at 6.25%. The 16 Allapattah project, River Landing Shops, Little Havana, and Marlins Park are just minutes away.
Price History | |
---|---|
12/4/2020 | Listed $1,250,000 |
2/19/2021 | 5% - $1,190,000 |
General Features
Cooling | CentralAir |
---|---|
Exterior Features | StormSecurityShutters |
Flooring | Tile |
HOA Fee | 0.0 |
Heating | Central |
Levels | Two |
MLS Area | 31 |
Parking Features | Assigned |
Property SubType | MultiFamily |
Property Type | CommercialSale |
Roof | Shingle |
Security Features | Fenced, SmokeDetectors |
Sewer | PublicSewer |
Structure Type | MultiFamily |
Terms | Cash, Conventional, OwnerWillCarry |
Total Units | 6 |
Year Built Details | Resale |
Zoning Description | 3900 |
Interior Features
Air Conditioning Y/N | Yes |
---|---|
Heating Y/N | Yes |
Exterior Features
Covered Spaces | 0.0 |
---|---|
Lot Size Area | 7004.0 |
Lot Size Square Feet | 7004.0 |
Lot Size Units | SquareFeet |
Number of Buildings | 1 |
Number of Separate Electric Meters | 7 |
Total Parking | 6.0 |
Water Source | Public |
Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool