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Multi Family - for Sale

4840 NW 27TH AVE, MIAMI, FL 33142

Asking Price$1,300,000

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  • Days on market:

    15 day(s)
  • Original Price:

    $1,300,000
  • Tax Legal Description:

    AMD PL OF BROWNS SUB PB 5-98 N45FT OF S104.06FT OF LOT 11 LESS ST & N52FT OF LOT 11 LESS E20FT FOR ST BLK 1 LOT SIZE 97.000 X 92 OR 13874-04
  • Tax Year:

    2023
  • Property Type:

    Multi Family
  • Inclusions:

    Building & Land,Business,Leases
  • Construction Type:

    Cbs Construction
  • Roof:

    Composition Roll
  • Special Listing Conditions:

    Sale

Description

$1,300,000

Rare investment oppurtnity with a prime location at 27th ave! this building offers 4 residential units upstairs, all of which are 1 bedroom and 1 bath, while the first floor has three commercial spots, ideally suited for general retail or personal services. this location ensures consistent foot traffic and customer engagement. the building has also recently been repainted and repaired roof, parking lots, lighting, air maintenance, and electricity. all residential units are leased, and so is one of the three retail units. with a projected cap rate of 8.2% this building is standout choice for investors looking to capitalize in miami's dynamic market! (routine 40 yr inspection is in process)

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