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1838 NW 1st St Miami, FL 33125
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Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,404 sqft
Price per Sqft $187
Subdivision Evanston Heights
MLS Listing ID A10859870
Sold Date 06/25/20
Style Fourplex
Construction Status Unknown
HOA Y/N No
Year Built 1920
Annual Tax Amount $6,515
Tax Year 2018
Contingent No Contingencies
Property Description
5 Units - 7.5% NET cap rate based on projected taxes after acquisition. Property passed the 40 yrs certification. Most of the tenants have been there for many years. Total of 5 units with 3 meters. The 5th unit rents for $632 a month. Most of the units rented below market value. Right next to the Marlins Stadium. Perfect property for an investor that wants a good area with a GREAT ROI. GOI: $63,984- You can buy it with other property in Little Haiti as a Package, and get a better Acquisition Price. (ask for more information, presentation available). OWNER MOTIVATED!!!!!
Location
State FL
County Miami-dade County
Community Evanston Heights
Area 41
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile
Exterior
Exterior Feature Fence
Pool None
Community Features Laundry Facilities
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 1
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Water Public
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status Unknown
Others
Tax ID 01-41-03-013-0070
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash
Special Listing Condition Listed As-Is
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Bought with First Pro International Rlty