High-performing 20-unit multifamily asset in the heart of Little Havana generating $356,580 in gross annual rent & $236,901 in NOI. Strong in-place income with plenty of upside—current rents are below Section 8 levels, offering immediate value-add potential through rental increases. Other features: newer roofs, upgraded PVC plumbing, & a history of consistent 100% occupancy. Unit mix: (1) 1-bed/2-bath, (14) 1-bed/1-bath, (4) 2-bed/1-bath, & (1) 2-bed/2-bath. Priced at just $199,500 per unit—rare for Little Havana with this level of stabilized income. 40-Year Recertifications have been completed. Attachments include the current rent roll, 2025 operating statement, & certification reports. Freddie Mac loan is assumable with a 3.83% interest rate, approx. $1,720,000 balance, & 2030 maturity.
8,019 Sq Ft
investimento
49.432 USD Imposta annuale
Costruito in 1914
MLS/ID annuncio A11957385
LAWRENCE ESTATES LAND COS
1 Storie
Stile - Indipendente
Cooling - Wall/window unit(s)
Costruzione - CBS
Tetto a botte
Tetto piano con facciata frontale
COSTO MENSILE TOTALE
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