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1630

$3,990,000

1630 NW 18th St, Miami, FL 33125

Active
Last Updated: 07/09/2025

245,360

NOI

7,692 sqft

Building Size

Details:
NOI:    $245,360
Building Size:    7,692 sqft
Units:    12
Year Built:    1969
Floors:    2
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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