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Income/MultiFamily - 1630 for Sale

1630 NW 18TH ST, MIAMI, FL 33125

Asking Price$3,890,000 Change Price$100,000

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  • Days on market:

    190 day(s)
  • Original Price:

    $4,200,000
  • Tax Legal Description:

    BRADDOCKS SUB NO 4 PB 3-61 LOTS 18 THRU 21 BLK 9 & N1/2 OF ALLEY LYG S & ADJ CLOSED ORD 13492 LOT SIZE 13507 SQ FT M/L
  • Tax Year:

    2024
  • Property Type:

    Income/MultiFamily
  • Parking:

    Assigned Other No Truck/Trailer
  • Inclusions:

    Building & Land,Inventory,Leases, Equipment
  • Lease Term Remaining:

    Annual Lease
  • Construction Type:

    Cbs ConstructionConcrete Block Construction
  • Roof:

    Concrete
  • Cooling Description:

    Central Individual A/C
  • Heating Description:

    Central Individual A/C
  • Floor Description:

    TileVinyl
  • Special Listing Conditions:

    Sale
  • Lot Features:

    Central Business District City Location Near Airport Near Seaport

Description

$3,890,000

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!

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