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Multi Family - HARWOOD 2ND ADDN TO RIVER for Sale

401 NW 23RD CT, MIAMI, FL 33125

Sold Price$550,000 Asking Price$630,000

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  • Days on market:

    231 day(s)
  • Adjusted Area:

    1696 sqft
  • Original Price:

    $630,000
  • Price per sqft:

    $216.49
  • Tax Legal Description:

    HARWOOD 2ND ADD TO RIVERSIDE FARMS PB 4-29 LOT 22 BLK 2 LOT SIZE 50.000 X 160 OR 14147-518 0689 1
  • Tax Year:

    2022
  • Property Type:

    Multi Family
  • Style:

    Triplex
  • Construction Type:

    Frame
  • Roof:

    Flat Roof With Facade FrontCurved/S-Tile Roof
  • Cooling Description:

    Electric
  • Heating Description:

    Electric
  • Floor Description:

    Wood
  • Lot Features:

    Less Than 1/4 Acre Lot
  • Type of Association:

    None

Description

$630,000 • living size area 2910 sqft

Little havana 3 plex.  all units are 1bed/1bath units.  3,248sf building on an ample 8,000sf lot.  property benefits from being in a neighborhood with plenty of great retail options on several active commercial corridors, solid and safe schools, and close to all the major employment centers of our city.  current noi of $31k, raisable to proforma noi of $40k, and over a 6% cap at asking price.  priced very reasonable to sell.  the perfect first time investment.

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