Basic Information

  • MLS # A10790559
  • Type Multi Family
  • Status Closed
  • Year Built 1921
  • Total Sqft 1,284
  • Date Listed 12/23/2019
  • Days on Market 87
Description

6 Units High Cash Flow Opportunity with 7.5 % Cap Rate. Fully stabilized multifamily asset with separate onsite commercial laundry facility. The property consists of Three structures , 2 building with 4 units 2 bed 1 bath and a 2 unit building in the rear with 4 beds 2 bath total 6 units. Plus a very profitable onsite commercial laundry facility. Laundry has separate business license servicing the building & neighboring buildings with 10 commercial washer and 10 commercial gas dryer producing f $5000-5400/month. netting $4000/4300 All machines are owned and conveyed with the sale. Property has new drain system, driveway, impact windows all units redone completely ,fencing electric parking gate and 6 parking spaces. 2 bed 1 bath rented $1300/1350 . 4 bed 2 bath rented $1950/1990

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description Assigned
  • Style Multi Family

Interior Features

  • Adjusted Sqft 1,284Sq.Ft
  • Cooling Description Central Air
  • Floor Description Ceramic Tile, Other
  • Heating Description Central
  • Sqft 1,284 Sq.Ft

Property Features

  • Address 1442 SW 3rd St
  • Aprox. Lot Size 7,500
  • Construction Materials Block
  • Furnished Info no
  • Listing Terms Cash, Conventional
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $10,008
  • Tax Legal desc LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 6 BLK 88 LOT SIZE 7500 SQUARE FEET OR 17009-5297 1195 1 COC 23799-3215 09 2005 1
  • Tax Year 2019
  • Terms Considered Cash, Conventional
  • Type of Property Multi Family

1442 SW 3rd St

Miami, FL 33135

Similar Properties For Sale

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC. tel: 305-330-5481

Real Estate IDX Powered by: TREMGROUP