Third Westmoreland Addn

Highlights:

• Lot Features: 1/4 To Less Than 1/2 Acre Lot
• Documents Available: Other Available Information
• Architectural Style: Detached
• Cooling: Wall/Window Unit(s)
• Heating: None
• Flooring: Ceramic Floor, Terrazzo
• Construction Materials: CBS Construction

Description:

Turn-key income-producing fourplex in the highly sought-after Coral Way neighborhood of Miami. Strong rental demand supports this stabilized investment comprised of two separate structures with individual meters. Currently configured as four units: three 2-bedroom/1-bath apartments in the main structure and a separate 2-bedroom/1-bath cottage-style unit at the rear of the property, offering added privacy and tenant appeal.

Units have been renovated and updated over recent years, including new stainless steel appliances, updated kitchens and bathrooms, new flooring, fresh interior paint, and select A/C replacements. On-site, owner-controlled coin-operated laundry provides additional ancillary income.

Property generates approximately $102,000 in gross annual income with stable in-place tenancy and defined lease rollovers. Ideal opportunity for an investor seeking immediate cash flow or an owner-occupant looking to live in one unit while offsetting expenses with rental income from the others. Centrally located minutes from Brickell, Downtown Miami, and Coconut Grove. Call for further details.

All information contained herein is deemed reliable but not guaranteed. Buyer and Buyer’s agents are solely responsible for independently verifying all information, including financials, leases, and property condition, before purchase.

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Listing ID: A11937795