For Sale
5422-5434 NW 5th Ave, Miami, FL 33127
Overview
Property ID: 661274
- CommercialSale
- 4509.0
- 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
Open on Google Maps- Address 5422-5434 NW 5th Ave
- City Miami
- State/county FL
- Zip/Postal Code 33127
- Country United States
Details
Updated on December 6, 2022 at 4:36 am- Property ID: 661274
- Price: $1,600,000
- Property Size: 4509.0 Sqft
- Land Area: 12500.0 Sqft
- Year Built: 1926
- Property Type: CommercialSale
- Property Status: For Sale
- MLS#: A11248834
- Office Name: COMPASS FLORIDA, LLC.
- Agent Name: Jemea Kingsby
- MLS Status: Active
Additional details
- Sewer: PublicSewer
- Cooling: WallWindowUnits
- Heating: WindowUnit,WallFurnace
- Tax Annual: 13693
- Tax Year: 2021
- County: Miami-Dade County
- Property SubType: MultiFamily
- Parking: Common,FreeParking
- Water Source: Public
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