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Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,188 sqft
Price per Sqft $274
Subdivision Clayton Heights
MLS Listing ID A11369108
Sold Date 06/06/23
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1968
Annual Tax Amount $11,760
Tax Year 2022
Contingent 3rd Party Approval
Property Description
Amazing Income Producer! Legal 4plex 2brs 1bths in West Wynwood. Large corner lot with parking.
The property is fully occupied (leases are available ) and currently brings in $94,800 in rental income, NET Income of $78,440.
Spacious units with balcony. Terrazzo floors. Located near highways. Units rented for $2000. All Units have an independent electric meter, and one water meter for all units. Laundry hookup on side of bldg.
Invest in this dynamic area that's experiencing huge economic growth, with rental rates soaring due to sub 2% vacancies.
The property is located within minutes of Miami International Airport, the Dolphin Expressway, and Downtown Miami business and financial districts including many top restaurants and shopping.
Don't miss out on this incredible opportunity.
Location
State FL
County Miami-dade County
Community Clayton Heights
Area 31
Interior
Heating Electric
Cooling Wall/Window Unit(s)
Flooring Terrazzo
Exterior
Exterior Feature Balcony
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Shingle,Wood
Total Parking Spaces 8
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 01-31-27-004-0252
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional
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Bought with United Real Estate Miami
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