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1259 NW 4th St Miami, FL 33125
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Key Details
Sold Price $1,430,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,034 sqft
Price per Sqft $284
MLS Listing ID A11518511
Sold Date 03/11/24
Maintenance Fees $2,185
Construction Status Resale
HOA Y/N No
Year Built 1969
Annual Tax Amount $13,896
Tax Year 2023
Contingent Pending Inspections
Lot Size 7,500 Sqft
Property Sub-Type Multi Family
Property Description
Outstanding six-unit multi-family situated in Little Havana, just blocks away from Marlins Stadium. Each unit is
comprised of two bedrooms & one bathroom. The concrete roof received a new silicone coating in 2023, and the property obtained a 50-Year Recertification in 2019. There are six parking spots available, and on-site amenities include coin-operated washer and dryer facilities. All units are currently rented, with the majority of tenants on month-to-month leases. This presents an excellent investment opportunity. Property is bringing in a gross income of $110,000 per year with a great deal of upside when bringing the rents up to market value!
Location
State FL
County Miami-dade County
Area 41
Interior
Heating Window Unit, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Terrazzo
Exterior
Exterior Feature Storm/Security Shutters
Roof Type Concrete,Other
Total Parking Spaces 6
Private Pool Yes
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 01-41-02-005-6570
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Corporate Listing
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Bought with Eleventrust LLC