6 Unit Multifamily Home in Little Havana Little Havana, Miami, FL

$900,000
Property type: Multifamily

The space

  • Year Built: 1951

Amenities

  • Air conditioning
  • Cable TV
  • Garage / Parking

Description

6 Unit Multifamily Building in Little Havana

Offered at $900,000 at a 6.6% Rate of Return in Miami, FL

Exceptional property in East Little Havana. Incredible Location between 3 of Miami’s HOTTEST areas: Brickell, Calle 8 and The Roads! Incredible Stable Cash Flowing Income Producing Opportunity with Excellent Monthly Rent ($7,000) = Rate of Return of 6.6%! Each unit includes a unique completely private 7×10 fenced-in patio! No other buildings have this extra space causing these units to rent at excellent prices of $1200 each! Beautiful 1 story building with 6 units (5 x 1bed/1bath and 1 Studio), 6 Parking Spots, most units have newer wall units. Separate meters. Roof is only 8 years old! EXTREMELY well maintained; 40 year reinspection completed! Zoning T4 R = Build up to 4 stories up! 5 New construction townhomes being built nearby for $799K (434 SW 10th St) = same exact zoning and lot size!

 

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listed with Ana Hernandez • Keller Williams Eagle Realty.