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Key Details
Sold Price $945,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,182 sqft
Price per Sqft $433
Subdivision Allapattah Highlands Addn
MLS Listing ID A11514361
Sold Date 02/22/24
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1950
Annual Tax Amount $10,603
Tax Year 2023
Contingent No Contingencies
Property Description
ATTENTION INVESTORS! This property consist of 5 units, one 2/1 and 4 studios with separate FPL meters. Really good tenants pay on time and willing to renew. Potential to increase rents without any upgrades needed. One parking space per unit. Currently there's no laundry room on site, so there is a huge potential to increase income. Great area close to Miami River, just minutes of Wynwood, Downtown Miami and major Highways. Property next door is also for Sale, buy both properties for just $2,200,000, next door consist of oe 2/1 and 4 1/1 units, huge development opportunity by combining both folios. Do not miss this opportunity, Great rental area!
Do not disturb tenants!
Location
State FL
County Miami-dade County
Community Allapattah Highlands Addn
Area 31
Interior
Heating Central, Wall Furnace
Cooling Central Air, Wall/Window Unit(s)
Flooring Tile
Exterior
Pool None
Utilities Available Cable Not Available
Waterfront No
Roof Type Flat,Tile
Total Parking Spaces 10
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 01-31-27-029-0030
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Universal USA Realty LLC
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