5422-5434 NW 5th Ave, Miami, FL 33127
sale
$1,600,000
|
Multi Family
Courtesy Of Compass Florida LLC
Value-Add 7-Unit multi-property investment. Three buildings with 7-Units Total: 3/2 SFH, Duplex with stacked 1 Bed/1 Bath, and a four-plex with equal sized 1 Bed/1 Bath units. Cash flowing stabilized income, huge value-add opportunity, under-market rents with proforma to double income potential. Also a chance to utilize section 8 to secure subsidized tenants with little-to-no vacancy.
The sale includes two folios 5422 & 5434 NW 5th Avenue. The units have gone through various updates including interior renovations gradually turning the units to a similar condition. Gated premises with off-street parking for tenants. 40-Year certification near completion.
The sale includes two folios 5422 & 5434 NW 5th Avenue. The units have gone through various updates including interior renovations gradually turning the units to a similar condition. Gated premises with off-street parking for tenants. 40-Year certification near completion.
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Virtual Tour
Property Features
- Age: Over 50 Years Old
- Age: New Construction
- Architecture Style: Other
- Building Units: 7
- Cooling System: Window Unit(s) A/C
- Exterior Type: Block
- Heating System: Central Furnace
- Legal Description: BUENA VISTA GARDENS PB 5-45 LOT 9 BLK 10 LOT SIZE 50.000 X 125 OR 19440-2317 01 2001 1 COC 23790-4393 07 2005 6
- MLSID: A11248834
- Parking Spaces: 7
- Roof Type: Unknown
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