8 Unit Apartment Building

984 Sw 4 St, Miami, FL

$1,200,000

Price

7.08%

Cap Rate

$84,985

NOI

Overview
Cap Rate
7.08%
NOI
$84,985
Building Size
5,494 sqft
Lot Area
0.3444 acres
Occupancy
100%
Class
C
Units
8
Year Built
1930
Description

New to the market, the owner originally purchased in +/- 1979.​
This 8 unit multifamily building is in the Riverview Historical District, located within the SW portion of the city known as East Little Havana.

Rare 15,000 SF Lot. Recertification of 40/50 Year completed October 2020.​

Unit Mix: ​(7) 1/1, ​(1) Studio
Bldg: 5,494 SF
Lot: 15,000 SF
Below market rents.​

PLEASE DO NOT DISTURB TENANTS - SERIOUS INQUIRES ONLY - SELLING BASED ON PRO-FORMA.​



984 SW 4 ST, Miami, FL
Little Havana District of Miami. The proximity of Brickell financial district and Downtown Miami

Highlights
  • ​8 unit multifamily apartment building
  • ​Below market rents
  • ​Rare 15,000 sq. ft lot
  • ​Bldg: 5,494 SF
  • ​Lot: 15,000 Sf
  • ​SELLING BASED ON PROFORMA - OTHER OFFERS WILL NOT BE CONSIDERED.
Location