$3,890,000

$310,000
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Overview

Year Built

1969

0.31 acres
Property Type

Income/MultiFamily

Property Description

Fully rented and updated 12 units Multifamily Investment 6.3% CAP RATE.This multifamily offers 8 spacious 2-bedroom/1-bath units and 4 large 2-bedroom + den/1-bath units, all meticulously upgraded with 16 parking spaces Brand new roof, high-impact windows, new electrical and plumbing, modern kitchens with new appliances, brand new A/C units, stylish flooring and fresh paint throughout ensure a hassle-free investment. Additional features include a new laundry facility, mechanical room, and a fully gated property with a monitored security camera system. Centrally located near Jackson Memorial,Miami International Airport, and major highways,this property is ideal for stable rental income.A true peace-of-mind investment with a strong 6.3% CAP rate!Don’t miss out—easy to show and won’t last!

Property Details

MLS#

A11738279

Total Floor in Bldg

2

Address

1630 18th St NW

City

Miami

State/county

FL

Zip/Postal Code

33125

Area

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$31,540

Maint Fee

$--

Tax Year

2024

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Boris Gelfand