- 3,976Living Sq. feet
- MLS®RX-10911891
- StatusActive
- $ 1,690,000
Featured
- Price
- $ 1,690,000
- Sq.Feet
- 3,976
- Year build
- 1926
- Type
- Multi Family
- Sub-type
- Quad Plex
- Status
- Active
Great Investment opportunity with stable rent growth and cash flow. Located in close proximity to the Design District, Wynwood, and downtown Miami. In total the property consists of 6 individual units with a total of 11 bedrooms and 6 bathrooms. Included is 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 and an average monthly rent of $2,200. Laundry is on premiss. This property offers an opportunity to increase cash flow even further, through small improvements according to fair market value.
Listing Courtesy of Douglas Elliman
