Description
Multifamily apartment building in the heart a little Havana. The building contains 14 newly renovated units (2022), 13 studio apartments and 1 one-bedroom apartment. The property was built in 1953 and sits on a 15,000 square-foot lot. The building has 18 parking spaces, coin washer & dryers, and new post office approved mailboxes. Each unit has its own electric meter and private outdoor space. This property offers a rare opportunity for an investor to acquire a 14-unit apartment building in mint condition located in the heart of a booming rental market. Cash flows are excellent and can be easily increased with no additional renovations, offering the new owner a great potential of value add. 100% occupied. Owner financing at 50%. 40 year recertified. Property next door also for sale.
Location
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Courtesy of: Antilles Realty MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. Updated: 26th January, 2023 11:45 PM (UTC)
