Basics
- Category: CommercialSale
 - Type: Multifamily
 - Status: Active
 - Bathrooms: 0
 - Floors: 2
 - Lot size: 13507, 13507 sq ft
 - Year built: 1969
 - County: Miami-Dade
 - Lease Term: TwelveMonths
 - MLS ID: A11738279
 
Description
- 
                                    Description: 
BRADDOCKS SUB NO 4 PB 3-61 LOTS 18 THRU 21 BLK 9 & N1/2 OF ALLEY LYG S & ADJ CLOSED ORD 13492 LOT SIZE 13507 SQ FT M/L Fully rented and updated 12 units Multifamily Investment 6.3% CAP RATE.This multifamily offers 8 spacious 2-bedroom/1-bath units and 4 large 2-bedroom + den/1-bath units, all meticulously upgraded with 16 parking spaces Brand new roof, high-impact windows, new electrical and plumbing, modern kitchens with new appliances, brand new A/C units, stylish flooring and fresh paint throughout ensure a hassle-free investment. Additional features include a new laundry facility, mechanical room, and a fully gated property with a monitored security camera system. Centrally located near Jackson Memorial,Miami International Airport, and major highways,this property is ideal for stable rental income.A true peace-of-mind investment with a strong 6.3% CAP rate!Don’t miss out—easy to show and won’t last!
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Location
- Directions: USE GPS
 - Lot Size Acres: 0.31 acres
 
Building Details
Amenities & Features
- Parking Features: Assigned,Other
 - Security Features: SecuritySystem,Fenced,Other,SmokeDetectors
 - Roof: Concrete
 - Window Features: ImpactGlass
 - Cooling: CentralAir
 - Heating: Central
 
Expenses, Fees & Taxes
- Trash Expense: $6,974
 - Utilities Expense: $5,332
 - Operating Expense: $77,897
 - Tax Annual Amount: $31,540
 - Insurance Expense: $11,500
 - Tax Year: 2024
 
Miscellaneous
- List Office Name: One Sotheby's International Realty
 - Listing Terms: Assumable,Conventional
 
Ask our real estate expert about this property
This Multifamily-type commercial real estate is located in FL, Miami was built in 1969, and is listed at $3,890,000.