This fully renovated 17-unit multifamily property is located in Miami’s thriving Little River submarket
and presents a prime investment opportunity.
All the units have undergone extensive upgrades, including new roofs, hurricane-impact
windows/doors, modern electrical systems, and fully remodeled kitchens and bathrooms. Making
the property turn-key and minimizing maintenance costs.
The property has ample parking.The property generates a net operating income of $198,000, and yields a capitalization rate of 6.08%
the asking price. Its strong financial performance and prime Buena Vista location present an opportunity for investors seeking stable returns in a rapidly appreciating area.
3,635 Sq Ft
Investment
$11,833 Annual Tax
Built in 1953
MLS/Listing ID A11823235
MIAMI AVE SUB
1 Stories
Heating - Other
Cooling - Other
Style - Attached
Listing Courtesy of GRIDLINE PROPERTIES, ALFREDO RIASCOS - 786-325-5647
Source of Data: MIAMI ASSOCIATION OF REALTORS