Multifamily Opportunity

4333

Property ID

2,711 SqFt

Size

Description

Multifamily Opportunity: Centrally located multi-family to all major highways, minutes to coconut grove, coral gables, Brickell & Downtown Miami.​

The property is rented below market rents so this allow for an immediate upside to a new owner.​

The property is very spacious with a new roof, the seller is completing the 40 year recertification.​

This property will only be shown with an agreed contract offer.​

Please note that the seller does not want to alarm the tenants.​

Highlights
Rent Roll:

  • ​Unit 1- $1300 – 1 Bedroom 1 Bath
  • Unit 2- $1700 – 3 bedrooms 1 bath
  • Unit 3- $1575 – 2 bedrooms 1 bath
  • ​Unit 4- $1625 – 2 bedrooms 1 bath
    Total $6200/per month
    Expenses:
  • Water: $120/M
  • ​Grass: $45/M
  • ​Taxes: $9,900

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Address

Address: 2358 SW 18th St, Miami, FL 33145
  • Country: United States
  • Province / State: Florida
  • City / Town: Miami
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  • Property ID 4333
  • Price $1,200,000
  • Property Type Multifamily
  • Year Built 1926
  • Size 2,711 SqFt
  • Units 4
  • Cap Rate 5.00%
  • Zoning MULTIFAMILY 2-9 UNITS
  • Class B
  • Occupancy 100%
  • Stories 2

Contact

Zena Bardawell Farah

Property Agent
+1 305-967-7200
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