Description
Multifamily apartment building in the heart a little Havana. The building contains 14 newly renovated units (2022), 13 studio apartments and 1 one-bedroom apartment. The property was built in 1953 and sits on a 15,000 square-foot lot. The building has 18 parking spaces, coin washer & dryers, and new post office approved mailboxes. Each unit has its own electric meter and private outdoor space. This property offers a rare opportunity for an investor to acquire a 14-unit apartment building in mint condition located in the heart of a booming rental market. Cash flows are excellent and can be easily increased with no additional renovations, offering the new owner a great potential of value add. 100% occupied. Owner financing at 50%. 40 year recertified. Property next door also for sale.
School Ratings & Info
Description
Multifamily apartment building in the heart a little Havana. The building contains 14 newly renovated units (2022), 13 studio apartments and 1 one-bedroom apartment. The property was built in 1953 and sits on a 15,000 square-foot lot. The building has 18 parking spaces, coin washer & dryers, and new post office approved mailboxes. Each unit has its own electric meter and private outdoor space. This property offers a rare opportunity for an investor to acquire a 14-unit apartment building in mint condition located in the heart of a booming rental market. Cash flows are excellent and can be easily increased with no additional renovations, offering the new owner a great potential of value add. 100% occupied. Owner financing at 50%. 40 year recertified. Property next door also for sale.
Copyright 2023, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being 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. Information is deemed reliable but not guaranteed. Copyright 2023, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2023-03-20T09:50:47.687.