City Of Miami South
$1,325,000
701 NW 1st St, Miami, FL 33128
For Sale
Multifamily
Duplex / Triplex / Fourplex
Active
Last Updated: 01/14/2025
3,510 sqft
Building Size
4
Units
Details:
Building Size: 3,510 sqft
Units: 4
Year Built: 1925
Floors: 2
Gross Leaseable Area: 3,510
Highlights:
- Lot Features: Less Than 1/4 Acre Lot
- Documents Available: Deposit - Security, Rent Rolls
- Architectural Style: Old Spanish
- Cooling: Electric, Wall/Window Unit(s)
- Heating: Electric, Window/Wall
- Flooring: Tile
Description:
Situated next to Brickell and the Miami River, just 1 minute from Brickell and popular spots like Sea Spice / Kiki onthe River. This multifamily property already generates an annual gross income of $108,000, making it a solidinvestment with positive cash flow from day one. Riverside is a vibrant area in Miami-Dade County. It offersresidents a dense urban feel with plenty of bars, restaurants, coffee shops, and parks. Most residents rent theirhomes. Just 5 minutes away from Brickell and 10 minutes from Downtown Miami and Wynwood. The propertyoffers parking availability and is located in a zone with excellent potential for future appreciation.
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