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8 Unit Apartment Building

$1,200,000

984 Sw 4 St, Miami, FL 33130

Active
Last Updated: 04/19/2021

7.08

Cap Rate

84,985

NOI

Details:
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
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.
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

Map:
Location