Cash flowing 8 unit property generating 14, 000 month plus an additional 300 month from on site laundry, totaling 171, 600 in annual revenue.
| Website: | https://www.nestseekers.com/5426359 |
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| Address: | Miami, FL 33126 |
| Ownership: | For Sale |
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| Type: | Unknown |
Financials
Price:$2,650,000
Annual Taxes:$19,214
Description
Cash-flowing 8-unit property generating $14,000/month plus an additional $300/month from on-site laundry, totaling $171,600 in annual revenue. The unit mix consists of four 2-bedroom/1-bath units and four 1-bedroom/1-bath units. Each unit is separately metered for electricity and features its own central A/C system with both indoor and outdoor components. The roof is only 5 years old, and the 40-year recertification has been recently completed. This is an ideal value-add opportunity for investors, with rents currently below market and all leases on a month-to-month basis. The landlord holds security deposits for all tenants. The property is well-maintained, with clean interiors, strong long-term tenants, and ample parking, including 8 assigned spaces and 2 guest spots. Call for private tour today.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A12004109
Amenities
- CableAvailable
- LessThanQuarterAcre
888 Biscayne Blvd # Unit CU9 Miami, FL 33132 Phone: +1 305-203-4555 Fax: +1 305-675-0745 | |
| Listing Courtesy of WERC Realty, LLC | |