Size: 1,897 SqFt (176 m2)
Price: $514/SqFt ($5,532/m2)
Type: Multi Family
Built: 1925
MLS Number: A11962645
On Site: 14 Days
Updated: 14 Days ago
Page Views: 0
A Rare Opportunity To Own A Hassle-free, Income-producing Multifamily Property That Is Already Doing Exactly What Investors Want, Cash Flowing From Day One With $6,450 In Current Monthly Income.
fully Remodeled Throughout, This Turnkey Asset Removes The Usual Headaches Of Ownership. Updated Kitchens, Modern Finishes, New Flooring, Impact Windows And Doors, And A New Roof Allow For Immediate Income Without The Need For Renovations Or Capital Improvements. Simply Step Into Ownership And Collect.
the Property Offers A Strong In-place Cap Rate Of Approximately 5.9%, With A Low Expense Profile And Minimal Ongoing Maintenance. Two Of The Units Include In-unit Washer And Dryer, Adding Convenience And Tenant Appeal, While Ample On-site Parking Enhances Functionality And Long-term Desirability.
centrally Located Near Miami Dade College And Little Havana, The Property Benefits From Consistent Rental Demand, Accessibility, And Long-term Growth Potential, All At An Attractive Price Point Under $1m.
an Ideal Investment For Those Seeking Stability, Simplicity, And Immediate Returns In One Of Miami’s Most Dynamic Rental Markets.