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401 NW 23rd Ct Miami, FL 33125
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Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,910 sqft
Price per Sqft $189
Subdivision Harwood 2Nd Addn To River
MLS Listing ID A11490906
Sold Date 07/23/24
Construction Status Effective Year Built
HOA Y/N No
Year Built 1921
Annual Tax Amount $9,326
Tax Year 2022
Property Description
Little Havana 3 plex. All units are 1bed/1bath units. 3,248sf building on an ample 8,000sf lot. Property benefits from being in a neighborhood with plenty of great retail options on several active commercial corridors, solid and safe schools, and close to all the major employment centers of our city. Current NOI of $31k, raisable to Proforma NOI of $40k, and over a 6% cap at asking price. Priced very reasonable to sell. The perfect first time investment.
Location
State FL
County Miami-dade County
Community Harwood 2Nd Addn To River
Area 31
Interior
Heating Electric
Cooling Electric
Flooring Wood
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Flat,Spanish Tile
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Frame
Construction Status Effective Year Built
Others
Tax ID 01-41-03-031-0440
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Conventional
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Bought with Fausto Commercial Realty Consultants Inc
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