Great income-producing opportunity, Centrally located and only minutes away from the important areas of Miami such as; International Airport, Brickell, Downtown Miami, Coral Gables, Beaches, and Hialeah.
Turn-Key investment that sits on a large lot with over 13,000 SF and has 4,011 SF of living area with the roof only twelve years old.
With no contracts in place the units can be rented at current market rates or redeveloped under the current zoning of T3-O.
Located in a high demand rental area, This three story multi-family property has eight parking spots, where tenants pay their own water and electricity.
The offering cap rate is 4.2% of the asking price on current undermarked rents. Upon raising the rents the investment can give a significantly higher ROI.