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
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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.