Basics
Date added Added 2 months ago | Category Income/MultiFamily | Type Commercial Sale | Status Active |
Lot size, sq ft 5250 sq ft | Year built 1952 | LeaseTerm 1 To 3 Year Lease | ListOfficeName EXP Realty LLC |
ListAOR Miami Association of REALTORS® | MLS ID A11589387 |
Description
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Description:
Sitting in the historical area of Overtown, you will find this treasure of a multifamily investment with 6 units. The property is T5-L zoning allowing for AirBnB licensure and short-term rental. There are 2x 1/1, and 4x 2/1 with open rooms that can easily be closed off. Each unit is equipped with individual water/electric meters, reducing operating expenses. There is definitely potential to adjust rent to market rate. The property is less than 10 minutes away from vibrant Downtown Miami, and the artistic Wynwood area. The area is seeing major redevelopment with the ongoing "Signature Bridge" and "Underdeck" project already underway, bringing more activity to the popular area making this a crucial investment to capitalize on.
Location
- CountyOrParish: Miami-Dade County
Building Details
- Cooling features: Central Individual A/C
- NewConstructionYN: No
- Heating: Central Individual A/C
- Parking: On-street
Video
- Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11589387
Amenities & Features
- Security Features: Smoke Alarm, Smoke Detector(s), Security Fence
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- CoolingYN: Yes
- PoolPrivateYN: No
- FireplaceYN: No