Alerio Group is proud to exclusively present 329 SW 9th ST Street, a boutique 4-unit multifamily property located in the heart of Little Havana.This meticulously maintained asset features four 2-bedroom, 1-bath units, currently rented at $2,250 x 2 and 2x @ $2275, delivering high in-place income at a 5.5% CAP… Read More rate with upside potential. The property has undergone extensive upgrades both inside and out. All of the unit interiors have been fully remodeled and include impact windows, a new roof, central air conditioning in all units, six on-site parking spaces, new asphalt paving, a new fence including dumpster enclosure, and new railings. All work was done with permits. Additional income is generated through on-site coin-operated laundry (1 new washer / 1 dryer).Designed for ease of ownership, this low-maintenance building is simple to manage and offers the ability to further increase rents. All tenants are secured with annual leases except one MTM lease.Located in one of the strongest rental markets in the country, this Little Havana multifamily asset offers durable cash flow, inflation resistance, and long-term appreciation potential. This offering will not last. Read Less
Courtesy of Pellego, LLC 561-414-4614
Listing Snapshot
Days Online
129
Last Updated
Property Type
Quadruplex
Square Ft.
3,380
Year Built
1975
MLS Number
A11959419
30 Days Snapshot Of 33130
$723k
0%
(avg) sold price
167
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1975, Living area: 3380, Construction materials: "CBS", Toal building area: 3380, 4 total units
Cooling
"Central Air", "Electric"
Exterior Features
"Balcony"
Fence
"Fenced"
Floors
"Laminate", "Vinyl"
Heating
"Separate Meters", "Central", "Electric"
Laundry
"Outside"
Property
Zoning: 3900
Roof
"Shingle"
Sewer
"Public Sewer"
Taxes
Annual amount: $13,795
Utilities
"Cable Available"
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