Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:$699,000
Annual Taxes:$8,143
Listing Courtesy of Avanti Way Brickell
Attention Investors ! Excellent opportunity.
Description
Attention Investors!Excellent opportunity. Fourplex in good condition.4 units 1/1. Laundry in each unit. large space to park cars.Separate electric and WATER meters..AC in 3 units. This multi-family includes a new roof with warranty, upgrades in several units Great income.Actual cap rate 9,7%. One of the units is SECTION 8, the increase of $1,814 per month is approved. 3 REMODELED UNITS, RECENT APPAISAL 740,000 FHA.The property has Impact windows. The neighborhood already has approved permits for future building developments, making this a strategic acquisition with strong upside potential. This property not only provides immediate rental income,is also positioned in a zone undergoing significant expansion, increasing the value of the land and future rental income potential. NO DISTURB TENANTS
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11954409
Amenities
- CableAvailable
- LessThanQuarterAcre
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
