$900,000
$926,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
2,690 SqFt
SOLD DATE : 07/28/2020
Key Details
Sold Price $900,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,690 sqft
Price per Sqft $334
Subdivision Lawrence Estate Land Co
MLS Listing ID A10872425
Sold Date 07/28/20
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1956
Annual Tax Amount $9,038
Tax Year 2019
Contingent Pending Inspections
Property Description
Amazing investment opportunity. Centrally located, legal 5-plex with annual gross income of $73,800.00, annual expenses approximate $12,000.00, and net income of $61,800.00. At list price cap rate of 6.3%. Room to increase rents, well maintained building, with long term tenants, separate water and electric meters. Also, income from laundry not included in annual gross income. Purchase and begin earning money immediately.
Location
State FL
County Miami-dade County
Community Lawrence Estate Land Co
Area 41
Direction Please use GPS
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Barrel
Total Parking Spaces 5
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 01-41-02-005-6690
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash
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Bought with EAG Realty International Inc.
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