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Income/MultiFamily - for Sale

1258 NW 3RD ST, MIAMI, FL 33125

Sold Price$1,505,000 Asking Price$1,525,000

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  • Days on market:

    5 day(s)
  • Original Price:

    $1,525,000
  • Tax Legal Description:

    LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 8 BLK 51 LOT SIZE 7500 SQUARE FEET COC 26064-1284 10 2007 5
  • Tax Year:

    2023
  • Property Type:

    Income/MultiFamily
  • Parking:

    Shared ParkingAssigned On Street
  • Furnished Info:

    Unfurnished
  • Inclusions:

    Building & Land,Fixtures,Leases, Leases,Machinery
  • Lease Term Remaining:

    Annual Lease,Month To Month
  • Construction Type:

    Cbs Construction
  • Roof:

    OtherConcrete
  • Cooling Description:

    Central Individual A/C
  • Heating Description:

    Central Individual A/C
  • Floor Description:

    Tile
  • Special Listing Conditions:

    Sale

Description

$1,525,000

Outstanding multi-family property with six units, conveniently situated in little havana just blocks away from marlins stadium. each unit features 2 bedrooms and 1 bathroom, with five units fully remodeled. the concrete roof received a new silicone coating in 2023, new electrical, and the property obtained a 50-year recertification in 2019. new driveway in 2023 with six parking spots available. the property includes coin-operated washer and dryer facilities on-site. all units are currently rented, and most tenants are on month-to-month leases, presenting a fantastic investment opportunity. property is bringing in a gross income of $130,000 per year with a great deal of upside when bringing the rents up to market value!

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