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1652 NW 1st St Miami, FL 33125
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Key Details
Sold Price $950,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,595 sqft
Price per Sqft $264
Subdivision Lawrence Estates Land Cos
MLS Listing ID A11144084
Sold Date 03/07/22
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1939
Annual Tax Amount $11,549
Tax Year 2021
Contingent 3rd Party Approval
Property Description
On Sale a great opportunity for investors. Partially remodeled two-building, 4 unit apartment complex very easy to manage with an excellent ROI and lots of potential.All units with separate electricity services and 8 parking spaces. 100 % Rented. The actual NOI is $72,350 with a 7.6% ROI and still room to grow. The income could be the double or more if renting it through AIRBNB as it is Few blocks away to Marlins Stadium and Calle 8, close to Miami Airport, Brickell/Downtown, Miami Beach, Design District… Also, the Primary Land Use is MULTIFAMILY 2-9 UNITS in a convenient T5-L zone. This is a shining diamond that can shine even brighter!
Call listing agent for appointments, Do Not disturb tenants. Financials available upon request.
Location
State FL
County Miami-dade County
Community Lawrence Estates Land Cos
Area 41
Interior
Heating None
Cooling Central Air, Wall/Window Unit(s)
Flooring Ceramic Tile, Tile, Wood
Exterior
Pool None
Utilities Available Cable Not Available
Waterfront No
Roof Type Other
Total Parking Spaces 8
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Water Public
Architectural Style Fourplex
Level or Stories Two
Structure Type Other
Construction Status Resale
Others
Tax ID 01-41-02-006-0240
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
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Bought with Trexy International Realty, Inc
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