Bay Lincoln

Highlights:

• Lot Features: Less Than 1/4 Acre Lot
• Documents Available: Financial Statement, Rent Rolls
• Architectural Style: Attached
• Cooling: Wall/Window Unit(s)
• Heating: Electric
• Flooring: Tile, Wood
• Construction Materials: CBS Construction

Description:

Sought after and desirable South Beach location on tranquil street. Income-producing two-story fourplex steps away from the bay and Lincoln Road. Total of 2 2 bed / 2 bath units and 2 2 bed 1 bath units Zoned RM-2. Can be used for SHORT TERM rentals as a lucrative Air B n B business with a BTR license. Build up to 7 stories. The main permitted uses in the RM-2 residential multifamily, medium-intensity district are single-family detached dwellings, townhomes, apartments, apartment hotels, hotels, hostels, and suite hotels.
No REPAIRS NECESSARY* Units larger than tax roll
Each unit has a balcony or private porch. Total of four parking spaces. Fully rented with long-term tenants. DO NOT DISTURB TENANTS* Buyer must show proof of funds and sign NDA to obtain financials.