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Key Details
Sold Price $910,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,307 sqft
Price per Sqft $394
Subdivision Vedado
MLS Listing ID A11246376
Sold Date 05/15/23
Style Fourplex
Construction Status Resale
HOA Y/N Yes
Year Built 1930
Annual Tax Amount $6,186
Tax Year 2021
Contingent 3rd Party Approval
Property Description
13% CAP RATE WITH AIRBNB OR 7% WITH CURRENT ANNUAL LEASES! Buyer can be cash or financing ONLY!! Renovated including brand new roof on both buildings! Property has 2 buildings; main building is 2/2 plus den/office on upper floor($2700), and 2 units 1/1 ground level($1400). The second building is a large 1/1 ($1600). Completely fenced lot has 5 private parking spaces inside plus plenty of street parking. 3 electrical meters & 1 for water. All tenants are mo to mo, rents are below market rent. CHECK COMPS, NO better deal under $1M anywhere in this area. Check attached docs for rent pro-formas & survey. Over $7100 a month of income!
Location
State FL
County Miami-dade County
Community Vedado
Area 41
Direction Use the GPS
Interior
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Flooring Carpet, Other, Tile
Window Features Blinds
Exterior
Exterior Feature Balcony, Barbecue, Fence, Fruit Trees, Lighting, Porch
Pool None
Community Features Laundry Facilities
Utilities Available Cable Available
Waterfront No
Roof Type Flat,Shingle,Tile
Porch Open, Porch
Total Parking Spaces 5
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Water Public
Architectural Style Fourplex
Level or Stories Two
Structure Type Block,Other
Construction Status Resale
Others
Tax ID 01-41-10-027-0500
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Financing Conventional
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Bought with Douglas Elliman
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