Current cap rate: 6.25%. Exceptional 27-unit multifamily property in the heart of Little Havana. Strong and stable income with significant upside potential through rent adjustments or renovations. All units are currently under contract, with most leases recently renewed through May 2027, providing immediate income stability. Units rent quickly with minimal… Read More annual turnover, and the majority of tenants are long-term residents. Property features include central A/C, a new elevator, swimming pool, laundry facilities with new machines, impact windows and doors, and ample parking. Prime location just minutes from Brickell, Downtown Miami, and Coral Gables. Read Less
Courtesy of The Keyes Company 954-966-0631
Listing Snapshot
Days Online
30
Last Updated
Property Type
Multi Family
Square Ft.
25,899
Lot Size
0.43 Acres
Year Built
1974
MLS Number
A12018511
Additional Details
Building
Built in 1974, Building features: "Balconies", "Elevator(s)", "Kitchen Facilities", "Laundry Facilities", "Pool", Construction materials: "Block", "CBS", Toal building area: 25899, 2 total units
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