$1,450,000
$1,425,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
5,776 SqFt
SOLD DATE : 05/24/2022
Key Details
Sold Price $1,450,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,776 sqft
Price per Sqft $251
Subdivision Idlewild Park
MLS Listing ID A10993191
Sold Date 05/24/22
Style Fourplex
Construction Status Unknown
HOA Y/N No
Year Built 1926
Annual Tax Amount $12,609
Tax Year 2020
Contingent Pending Inspections
Property Description
Excellent money producing investment opportunity in Little Havana / West Brickell neighborhood. Property will produce a 6% PLUS CAP RATE!! This Eight-Plex property has FOUR 2 bedroom, 1 bathroom units AND FOUR 1 bedroom 1 bath units. Units are remodeled with new kitchens, bathrooms, flooring and wall unit A/C units. Coin-op laundry facility on site. Tenants are all on 1 year leases. New roof installed in 2020. Completed 40 year Inspection. Rent Cash Flow and Cap Rate Statement attachment. PLEASE DO NOT DISTURB THE TENANTS. Seller also selling A10993230 and could package both properties together. Multiple off Market Buildings also available!!
Location
State FL
County Miami-dade County
Community Idlewild Park
Area 41
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Wood
Exterior
Pool None
Utilities Available Cable Not Available
Waterfront No
Roof Type Flat,Tile
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Other
Construction Status Unknown
Others
Tax ID 01-41-03-014-1410
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with The Keyes Company
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