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Roberto Guzman

roberto@lifestyleintrealty.com +1(305) 467-5520

$ 4,569,000

Est. payment | -/mo

15,299 SqFt

Save Virtual Tour

$ 4,569,000

Est. payment | -/mo

Save Virtual Tour

15,299 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 15,299 sqft

Price per Sqft $298

MLS Listing ID A12054966

HOA Y/N No

Year Built 1955

Lot Size 0.351 Acres

Property Sub-Type Multi Family

Property Description

Excellent investment opportunity in Miami. This multifamily portfolio features 16 units, all boasting desirable 2-bedroom, 1-bathroom layouts. The property consists of four separate structures situated across two massive adjacent lots totaling 30,573 square feet of land with two separate Folios. Every unit has been remodeled with fully renovated kitchens, fresh paint, and modern finishes. Generates a strong GPI of $38,480, $461,760 annually this turnkey asset is highly efficient to run, featuring assigned parking per unit and individually..located conveniently near Allapattah station metro rail located at both addresses 2090 NW 31st St and 2081 NW 30th St. Perfect addition to any investor's portfolio looking for immediate, hassle-free cash flow in Miami's growing city. Perfect for investors, 1031 exchange, minimal work with a great return. NOI $375235.56 Cap Rate 7.51%

Location

State FL

County Miami-dade

Area 31

Zoning 3900

Exterior

Private Pool Yes

Building

Story 1

Level or Stories One

Others

Tax ID 01-31-27-061-0040

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12054966

Miami Association of Realtors (SEFMIAMI MLS)

Listed by Lifestyle International Realty

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Get more info from a local expert!

+1(305) 467-5520

roberto@lifestyleintrealty.com

20200 W Dixie Hwy Suite 609, Aventura, FL 33180, USA

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2090 NW 31st St Miami, FL 33142