Description

Great Investment opportunity with stable rent growth and cash flow. Located in close proximity to the Design District, Wynwood, and downtown Miami. The property has a new roof and consists of 6 individual units with a total of 11 bedrooms and 6 bathrooms. Included a one story single family home which was subdivided into a 2 bedrooms, 1 bath apartment and an additional 1 bedroom, 1 bath apartment. Two separate 2 -story buildings in the back of the property consist of another 4 apartments, each having 2 bedrooms and 1 full bath. All units are secured with current tenants. Laundry is on premise. This property offers an opportunity to further increase cash flow through small improvements according to fair market value.

Property Details

  • MLS Number: RX-11061048
  • Price: $1,690,000
  • Property Type: Multifamily
  • Subdivision Name: SHADOWLAWN EXTENSION SUB
  • County: Miami-Dade
  • BuiltYear: 1926
  • Area: 4,120 Sq.Ft.

Exterior Features

  • Waterfront: None
  • Exterior Features: Open Porch
  • Construction Type: CBS, Concrete

Interior Features

  • Cooling: Central, Central Individual, Electric
  • Heating: Central, Central Individual, Electric
  • Flooring: Other
Listing provided courtesy of Douglas Elliman
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  • Claudia Martinez Rios
  • +573146818014
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Claudia Martinez Rios
Fortex Realty

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