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14
Home61's Closings in
Allapattah
Amenities
Key features
Living area
4,520 sqft
Maintenance
$ 0
Tax
$14,896 (2023)
Tenant Occupied
No
Parking Space
8
Floor #
0 / 2
Building
MARLDALE SUB
On market
99 days
$ /sqft
$ 310
Type
apartment
Unit
-
Year Built
1971
Zip Code
33125
Ref./MLS ID
A11636209
DESCRIPTION
This 6-unit apartment building features 2 units with 2 bedrooms and 1 bathroom each, and 4 units with 1 bedroom and 1 bathroom each. Currently, 4 units are occupied, generating a monthly income of $3,650. The rents are significantly below market rates and can conservatively be raised to $1,800 for the 1-bedroom units and $2,000 for the 2-bedroom units, bringing in over $11,200 per month. The projected yearly income is approximately $134,400. The property includes separate electric meters, two balconies, 8 private parking spaces, and has undergone a 40/50 year recertification in 2023. Located just minutes from downtown miami, this building represents an excellent investment in a dynamic area with strong rental demand and a growing population, ensuring long-term appreciation.
Data is provided by Miami Board of Realtors.
Public transportation
NW 20 St & NW 19 Av
32
2 mins
NW 20 St & NW 18 Av
32
2 mins
NW 20 St & NW 20 Av
32
2 mins
NW 17 Av & NW 19 St
17
3 mins
Nearby School In Allapattah
Data Provided by greatschools.org
Neighborhood
Allapattah
- Allapattah
Listed on August 06, 2024 by Breigel Leiva from InteRealty Properties, LLC, this apartment is for sale. apartment for sale in Allapattah listed at $1,400,000, Reference A11636209
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.