Collingwood, 3045 SW 1st St, Miami, FL 33135

The property is located at 3045 sw 1 st miami, fl 33125. The list price is $730,000. The building has 4-units, all 1bed/1bath. New roof in 2021, updated electrical and 40-year certification completed in 2021. Each unit has wall-unit a/cs. The building is fully occupied with long-term tenants and they are all month-to-month. The property is a cash cow with low expenses and maintenance, no need to hire a waste management company as it is picked up by the city. With some tlc this building can achieve just under $5,000/month in potential gross income, based on market rents. This is a great opportunity for a first time buyer in the multifamily industry or even a veteran looking to expand his portfolio. This is a great investment property and can be used for short-term rental/airbnb.