Basics
Date added Added 5 days ago | Category Income/MultiFamily | Type Commercial Sale | Status Active |
Lot size, sq ft 10000 sq ft | Year built 1938 | ListOfficeName Dwntwn Realty Advisors LLC | ListAOR Miami Association of REALTORS® |
MLS ID A11718805 |
Description
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Description:
The subject property consists of two separate structures sitting on a 10,000 SF lot; a duplex with 3 bedrooms and 1 bathroom each on both the top and bottom floors, as well as an ancillary unit with 3 bedrooms and 2 bathrooms. All units are around 900 SF each. The property is currently 100% occupied with rents at $1,995 per month and a total gross income of $71,820. Rents are on a month-to-month basis and are determined to be under-market. The property is best seen as a covered land play, offering an investor the opportunity to ultimately take advantage of the Wynwood Norte NRD-2 zoning overlay for low-intensity infill development. The site carries an increased density of 150 d/U per acre, allowing for approximately 33 units. Seller Financing is available at very favorable times
Location
- CountyOrParish: Miami-Dade County
Building Details
- NewConstructionYN: No
Video
- Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11718805
Amenities & Features
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- CoolingYN: No
- PoolPrivateYN: No
- FireplaceYN: No