For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,847 sqft
Price per Sqft $272
Subdivision City Of Miami South
MLS Listing ID A11076555
Sold Date 03/10/22
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1930
Annual Tax Amount $11,417
Tax Year 2020
Contingent No Contingencies
Property Description
Great Investment 6-unit property in the heart of Miami, in front of the Miami River and Jose Marti Park, less than 5' from Brickell and Downtown.
Total Monthly income $8,300. Estimated Cap Rate 6.8%.
The property has the front house 3 bed, 2 baths. Four units at the back detached structure of 2/1 each. And the separate house of 1/1 that has been fully renovated. Coin Laundry on site.
Pending to receive 10 Year Re-Certification.
Location
State FL
County Miami-dade County
Community City Of Miami South
Area 41
Interior
Heating None
Cooling Central Air, Ceiling Fan(s), Wall/Window Unit(s)
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Flat,Shingle,Tile
Total Parking Spaces 1
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Frame,Stucco
Construction Status Resale
Others
Tax ID 01-02-02-060-1020
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Binter Real Estate
Learn More About LPT Realty