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$ 4,995,000
Est. payment | /mo
15,299 SqFt
$ 4,995,000
Est. payment | /mo
15,299 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 15,299 sqft
Price per Sqft $326
MLS Listing ID A12054966
HOA Y/N No
Year Built 1955
Lot Size 0.351 Acres
Property Sub-Type Multi Family
Property Description
Excellent investment opportunity in Miami. This fully stabilized and 100% occupied multifamily portfolio features 16 units, all boasting desirable 2-bedroom, 1-bathroom layouts. The property consists of four separate structures situated across two massive adjacent lots totaling 30,573 square feet of land with two separate Folios. Every unit has been remodeled with fully renovated kitchens, fresh paint, and modern finishes. Generating a strong gross monthly income of $38,480, $461,760 annually this turnkey asset is highly efficient to run, featuring assigned parking per unit and individually..located conveniently near Allapattah station metro rail located at both addresses 2090 NW 31st St and 2081 NW 30th St. Perfect addition to any investor's portfolio looking for immediate, hassle-free cash flow in Miami's growing city. Perfect for investors, 1031 exchange, minimal work with a great return.
Location
State FL
County Miami-dade
Area 31
Exterior
Private Pool Yes
Building
Story 1
Level or Stories One
Others
Tax ID 01-31-27-061-0040
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12054966
Listed by Lifestyle International Realty
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