Excellent money producing investment opportunity in Little Havana / West Brickell neighborhood. Property will produce a 6% PLUS CAP RATE! This Eight-Plex property has FOUR 2 bedroom, 1 bathroom units AND FOUR 1 bedroom 1 bath units. Units are remodeled with

322 SOUTH WEST 17TH AVE #8, Miami

$1,425,000 USD
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      Address322 SOUTH WEST 17TH AVE #8, Miami
      Building NameIDLEWILD PARK
      Type of PropertyQuadruplex
      Property StyleQuadruplex
      Price$1,425,000
      Previous Price$1,320,000 (0 days ago)
      Property StatusActive
      MLS NumberA10993191
      Living Area5776
      Lot Size5776
      Year Built1926
      Folio Number01-41-03-014-1410
      Zoning Information6101
      Days on Market265

      Detailed Description: Excellent money producing investment opportunity in Little Havana / West Brickell neighborhood. Property will produce a 6% PLUS CAP RATE! This Eight-Plex property has FOUR 2 bedroom, 1 bathroom units AND FOUR 1 bedroom 1 bath units. Units are remodeled with new kitchens, bathrooms, flooring and wall unit A / C units. Coin-op laundry facility on site. Tenants are all on 1 year leases. New roof installed in 2020. Completed 40 year Inspection. Rent Cash Flow and Cap Rate Statement attachment. PLEASE DO NOT DISTURB THE TENANTS. Seller also selling A10993230 and could package both properties together. Multiple off Market Buildings also available!

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      Address Information
      StateFlorida
      CityMiami
      CountyMiami-Dade County
      Zip Code33135
      Address322 SOUTH WEST 17TH AVE
      Section3
      Zip Code (4 Digits)3675
      Financial Information
      Price$1,425,000
      Price per Foot$0
      Previous Price$1,320,000
      Folio Number01-41-03-014-1410
      Tax Amount$12,609
      Tax Year2020
      Possession InformationFunding
      Full Descriptions
      Detailed DescriptionExcellent money producing investment opportunity in Little Havana / West Brickell neighborhood. Property will produce a 6% PLUS CAP RATE! This Eight-Plex property has FOUR 2 bedroom, 1 bathroom units AND FOUR 1 bedroom 1 bath units. Units are remodeled with new kitchens, bathrooms, flooring and wall unit A / C units. Coin-op laundry facility on site. Tenants are all on 1 year leases. New roof installed in 2020. Completed 40 year Inspection. Rent Cash Flow and Cap Rate Statement attachment. PLEASE DO NOT DISTURB THE TENANTS. Seller also selling A10993230 and could package both properties together. Multiple off Market Buildings also available!
      Roof DescriptionFlat Tile
      Floor DescriptionWood
      Cooling DescriptionWall / Window Unit (s)
      Heating DescriptionWindow / Wall
      Sewer DescriptionPublic Sewer
      Property parameters
      Living Area5776
      Lot Size5776
      Zoning Information6101
      Year Built1926
      Type of PropertyQuadruplex
      StyleQuadruplex
      Building NameIDLEWILD PARK
      Development NameIDLEWILD PARK
      Construction TypeOther
      Stories Number2.000
      Street DirectionSouth West
      Listed withPeninsula R.E., Inc.