Completely repositioned turnkey multifamily investment in the heart of Miami's highly desirable MiMo District. This fully renovated four-unit property features spacious 2-bedroom, 2-bathroom residences with brand-new central A/C systems, a new roof, impact windows throughout, new interior and exterior doors, designer kitchens with quartz countertops, stainless steel appliances, luxury vinyl… Read More flooring, beautifully renovated bathrooms, LED recessed lighting, modern fixtures, and oversized closets. Each unit includes one assigned parking space, individual water submeters, and separately metered electric service, significantly reducing operating expenses. Extensive capital improvements have already been completed, providing investors with a truly low-maintenance, worry-free asset. Producing approximately $95,197 in annual NOI, this turnkey investment offers immediate cash flow and strong long-term appreciation potential. Ideally located in Miami's vibrant MiMo District, just minutes from the Design District, Midtown, Wynwood, Downtown Miami, and Miami Beach. Read Less
Courtesy of Brickell Brokers LLC 305-438-7777
Listing Snapshot
Days Online
1
Last Updated
Property Type
Quadruplex
Square Ft.
2,803
Year Built
1969
MLS Number
A12055054
30 Days Snapshot Of 33138
$451k
-13%
(avg) sold price
3
-78%
homes sold
70
-54%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1969, Living area: 2803, Construction materials: Block, Toal building area: 2803, 4 total units
Cooling
Central Air
Floors
Laminate, Vinyl
Heating
Separate Meters, Central
Property
Zoning: 3900
Roof
Shingle
Sewer
Public Sewer
Taxes
Annual amount: $12,359
Utilities
Cable Not Available
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