1630
$3,990,000
1630 NW 18th St, Miami, FL 33125
245,360
NOI
7,692 sqft
Building Size
Details:
Highlights:
- Lot Features: Central Business District, City Location, Near Airport, Near Seaport
- Building Features: Airport Access, Dryer(S) Leased, Exterior Lighting, Inside Corridors, Landscaped, Laundry Facilities, Rear Access, Trash Chute, Washer(S) Leased
- Gross Income: 323257
- Number Of Buildings: 1
- Documents Available: Deed, Copy Of Lease(S), Photos, Rent Rolls, Existing Survey
- Cooling: Central Individual A/C
- Heating: Central Individual A/C
- Electric: Separate Meters
- Flooring: Tile, Vinyl
- Construction Materials: Concrete Block Construction, CBS Construction
- Parking Features: Assigned, No Truck/Trailer, Other
- Security Features: Other Fire Protection, Smoke Alarm, Security Fence, Security System
- Insurance Expense: 11500
Description:
Fully rented and updated 12 units Multifamily Investment 6.15% CAP RATE.This multifamily offers 8 spacious 2-bedroom/1-bath units and 4 large 2-bedroom + den/1-bath units, all meticulously upgraded with 16 parking spaces Brand new roof, high-impact windows, new electrical and plumbing, modern kitchens with new appliances, brand new A/C units, stylish flooring and fresh paint throughout ensure a hassle-free investment. Additional features include a new laundry facility, mechanical room, and a fully gated property with a monitored security camera system. Centrally located near Jackson Memorial,Miami International Airport, and major highways,this property is ideal for stable rental income.A true peace-of-mind investment with a strong 6.15% CAP rate!Don’t miss out—easy to show and won’t last!
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