Price

$1,850,000

MLS#

A1598803

Status

ACTIVE

Type

Multifamily

Bathrooms

0.0

Living Area

12,311

Foreclosure

No

Short Sale

No

Property Description

Great Multifamily complex in North Miami of 28 apartments. Well communicated area, very close to West Dixie Hgwy. 13 Aparts x 1Bed, 13 Efficiencies, 1x2Bed & 1x3Bed. Low rents, fully occupied. Complex renovated within last year, 485k spent on it, hurricane windows & doors, certified electric system and fire alarm, all apts have ceramic tile floors, most of them new kitchen (granite) and bathrooms. Currently 8% CAP, Seller financing availab. and possible assumption of 570k mortgage for qualified buyers!

Additional Information

Unit 1 Furniture Info.

Unfurnished

Unit 1 # of Units

1

Pool

No

Unit 2 Hotel Room

No

Unit 1 Hotel Room

No

Legal Description

20 52 42MEYERSON HGTS PB 64-94 LOTS 7 & 8 LOT SIZE 20560 SQUARE FEET OR 2

Sewer Description

Municipal Sewer

Type of Property

Fourplex

Terms Considered

Assumption, Conventional, Owner Financing

Property Type Information

Stairs

Style

Fourplex

Separate Meter

Yes

Approximate Lot Size

X

Lot Description

1/2 To Less Than 3/4 Acre Lot

Information Available

Copy Of Lease(S), Financial Statement, Investment Analysis

Floor Description

Ceramic Floor

Total Units

28

Short Sale

No

#Parking Spaces

28

Unit 1 Parking

Open Parking

Zoning Information

37/MULTI

Year Built Description

Resale

Year Built

1959

County Land Code

MULT

Unit 2 # of Beds

1

Occupancy Information

Tenant Occupied

Office Name

Vertical Int'l Real Estate

#Stories

2.000

Roof Description

Shingle Roof

Unit 1 Lease Ends Info.

Leased

Approx. Sqft Total Area

12311

Township/Range

22

Cooling Description

Electric Cooling

Construction Type

Pre-Cast Concrete Construction

Heating Description

Wall Furnace

Rent Includes

Sewer, Trash Removal

Unit 1 Efficiency

Yes

Unit 3 Hotel Room

No

Cable Available

No