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Off-Market$175K spread
1 photoMiami-Dade County · Miami, FL 33127
MULTI-FAMILY INCOME OPPORTUNITY | 4 RENTAL UNITS | $88,200 CURRENT GROSS RENT | NEAR WYNWOOD
$924,900
$175K spread
About this property
Income-producing multifamily property with 4 units, 9 bedrooms, and 5 bathrooms, located on a 7,000 square foot lot in Miami. The property was built in 1935 and is currently tenant occupied. The asking price is $954,900 with an estimated after repair value of $1,100,000. The current monthly gross rent is $7,350 and the current annual gross rent is $88,200. The property has potential for rent increases and is located near Wynwood and Allapattah.
Property snapshot
Layout9 Bed / 5 Bath
Living area2,385 sq ft
Year built1935
Property typeMulti-Family
CountyMiami-Dade County
Deal details
Asking price$924,900
ARV estimate$1,100,000
Spread (ARV − asking)$175,100
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134
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