1035 NW 4 Street offers investors a strong opportunity to secure an 8-unit multifamily asset in one of Little Havana’s most active growth pockets.Situated on 7,500 SF of T4-zoned land, the property benefits from immediate proximity to the Miami River, Downtown Miami, Brickell, the Health District, and Calle Ocho. This… Read More is a strategic location for investors looking to enter or expand within a market seeing continued development momentum.Offered at $1,500,000, the property comes in at approximately $187,500 per unit, a competitive basis for in-place multifamily in this area. Current rents are below market, creating a clear value-add opportunity for an investor to improve operations, refresh the asset, and capture rental upside. With a thoughtful cleanup and targeted improvements, the property is well positioned to close the gap between current performance and what a stabilized Little Havana multifamily asset can command.Below-market rents. T4 land. Competitive basis. Clear value-add upside. Read Less
Courtesy of Fausto Commercial Realty Consultants Inc 786-748-7373
Listing Snapshot
Days Online
12
Last Updated
Property Type
Multi Family
Square Ft.
4,000
Lot Size
0.17 Acres
Year Built
1953
MLS Number
A12030126
Additional Details
Property Access
Road frontage type: "City Street"
Building
Built in 1953, Construction materials: "CBS", "Concrete Block - No Stucco", Toal building area: 4000, 2 total units
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