- $1,600,000
- $1,600,000
Overview
- CommercialSale
- 4509.0 Sqft
- 1926
Description
Value-Add 7-Unit multi-property investment. Three buildings with 7-Units Total: 3/2 SFH, Duplex with stacked 1 Bed/1 Bath, and a four-plex with equal sized 1 Bed/1 Bath units. Cash flowing stabilized income, huge value-add opportunity, under-market rents with proforma to double income potential. Also a chance to utilize section 8 to secure subsidized tenants with little-to-no vacancy.
The sale includes two folios 5422 & 5434 NW 5th Avenue. The units have gone through various updates including interior renovations gradually turning the units to a similar condition. Gated premises with off-street parking for tenants. 40-Year certification near completion.
Address
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Address: 5422-5434 NW 5th Ave
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City: Miami
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State/county: FL
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Zip/Postal Code: 33127
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Country: United States
Details
Updated on December 6, 2022 at 4:36 am-
Property ID 661274
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Price $1,600,000
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Property Size 4509.0 Sqft
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Land Area 12500.0 Sqft
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Year Built 1926
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Property Type CommercialSale
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Property Status For Sale
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MLS# A11248834
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Office Name COMPASS FLORIDA, LLC.
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Agent Name Jemea Kingsby
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MLS Status Active
Additional details
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Sewer PublicSewer
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Cooling WallWindowUnits
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Heating WindowUnit,WallFurnace
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Tax Annual 13693
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Tax Year 2021
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County Miami-Dade County
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Property SubType MultiFamily
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Parking Common,FreeParking
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Water Source Public
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