Description
Cash-flowing 8-unit property generating $14,000/month plus an additional $300/month from on-site laundry, totaling $171,600 in annual revenue. The unit mix consists of four 2-bedroom/1-bath units and four 1-bedroom/1-bath units. Each unit is separately metered for electricity and features its own central A/C system with both indoor and outdoor components. The roof is only 5 years old, and the 40-year recertification has been recently completed. This is an ideal value-add opportunity for investors, with rents currently below market and all leases on a month-to-month basis. The landlord holds security deposits for all tenants. The property is well-maintained, with clean interiors, strong long-term tenants, and ample parking, including 8 assigned spaces and 2 guest spots. Call for private tour today.
Details
| MLS # | A12004109 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 142 |
| Listing Provided By | WERC Realty, LLC | Marc Anthony Salvat |
Features
| SQ Feet | 6,052 |
|---|---|
| Story(s) | 2 |
| Units | 1 |
| Zoning | 3901 |
Taxes
| Tax Annual Amount | 19214 |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33126 |
| Area | 2410 |
| Community Name | FLAGLER GROVE ESTATES EXT |
| Listing VS Median (in FLAGLER GROVE ESTATES EXT) | |
Price: $2,650,000 low | high Med: $326,795 sqft: 6,052 low | high Med: 1,994 $ / sqft: $438 low | high Med: $266 On site: 142 low | high Med: 202 | |
Market Activity 33126
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33126 |
| Area | 2410 |
| Community Name | FLAGLER GROVE ESTATES EXT |
| Listing VS Median (in FLAGLER GROVE ESTATES EXT) | |
Price: $2,650,000 low | high Med: $326,795 sqft: 6,052 low | high Med: 1,994 $ / sqft: $438 low | high Med: $266 On site: 142 low | high Med: 202 | |