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Income/MultiFamily - for Sale

1259 NW 4TH ST, MIAMI, FL 33125

Sold Price$1,430,000 Asking Price$1,425,000

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  • Days on market:

    8 day(s)
  • Original Price:

    $1,425,000
  • Tax Legal Description:

    LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 13 BLK 41 LOT SIZE 7500 SQUARE FEET COC 26064-1282 10 2007 5
  • Tax Year:

    2023
  • Property Type:

    Income/MultiFamily
  • Parking:

    AssignedCommon On Street
  • Furnished Info:

    Unfurnished
  • Inclusions:

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

    Annual Lease,Month To Month
  • Construction Type:

    Cbs Construction
  • Roof:

    OtherConcrete
  • Cooling Description:

    Wall/Window Unit(s)
  • Heating Description:

    Wall/Window Units
  • Floor Description:

    Terrazzo
  • Special Listing Conditions:

    Sale

Description

$1,425,000

Outstanding six-unit multi-family situated in little havana, just blocks away from marlins stadium. each unit is comprised of two bedrooms & one bathroom. the concrete roof received a new silicone coating in 2023, and the property obtained a 50-year recertification in 2019. there are six parking spots available, and on-site amenities include coin-operated washer and dryer facilities. all units are currently rented, with the majority of tenants on month-to-month leases. this presents an excellent investment opportunity. property is bringing in a gross income of $110,000 per year with a great deal of upside when bringing the rents up to market value!

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