Headline (English) PROPERTY DESCRIPTION 12-unit apartment building completely remodeled 2022. All units are 2 bedroom one bath room. The unit breakdown as follows 6 units are 2/1, and 6 units are townhome style 2-1/5. Completely renovated new impact windows. New kitchen, bathroom flooring, new central air condition system. All units have wash a and dryers inside. PROPERTY HIGHLIGHTS 12 unit apartment building tastefully renovated. Strong rental income in place, very easy to lease/rent currently fully leased with a waiting list, due to the low inventory in the area. Subject property has all supporting documentation needed, 40-year certification passed and in place, environmental reports. Acquire a turnkey, cash flowing, business, completely renovated.
| Property Type | Multi-Family |
|---|---|
| Property Use | Rental or Investment |
| Year Built | 1969 |
| Renovated Year | 2022 |
| Level Number | 2 |
| Lot Dimensions | 15400 |
| Sub-Lease | 12 |
| Zoning | 5700 DUPLEXES - GENERAL |
| Cap Rate Percentage | 6.45 |
| Listing ID | V4G3LH |
| Style | Multi-Family (5-20 Units) |
| Building Size | 8,929 SF |
| Lot Size | 15400 AC |
| Available Date | May 10th, 2022 |
Region: MIAMI DADE COUNTY
Region: Florida
Region: Miami Florida.
| Parking Ratio: | 1.58 |
| Parking Places: | 19 |
| Location Name: | 7824 NW 5 CT Miami, FL 33150 |
| Lot Size: | Under 1/2 Acre |
| Cooling: | A/C, Central A/C |
| Water: | City Water |
| Sewer: | City |
| Age: | Over 50 Years Old |
| Down Payment: $1,032,500 |
| Gross Income: $247,414 |
| Expenses: $57,109 |
| Loan Payment: $1,917,500 |
| Fully Leased Income: $247,414 |
| Cash Flow: $73,717 |