1864 NW 28th St, Miami, FL 33142
sale
$1,375,000
|
Other
Courtesy Of Douglas Elliman
Reduced for quick sale ......Turnkey 5-unit multifamily in Allapattah area. Property sits on a gated 9,975 SF lot with on-site parking and upgraded interiors. (3) 1BD + (2) 2BD units. Recent renovations include new kitchens, new bathrooms, impact windows, and updated interiors. Features separate electric meters, low operating expenses, and on-site laundry. Strong Section 8 rental potential and upside in rents. Zoning (T4-R) allows for value-add or redevelopment potential. Ideal for buy-and-hold investors, 1031 exchange buyers, or cash-flow seeking operators seeking a Miami multifamily asset. Located minutes to Wynwood, Midtown, Health District, and major highways. Great income-producing opportunity with long-term appreciation in Miami's urban core.
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Property Features
- Age: 41-50 Years Old
- Building Units: 5
- Cooling System: Window Unit(s)
- Cooling System: Wall/Window Unit(s)
- Cooling System: Central Air
- Exterior Type: Block
- Floors: 1
- Heating System: Wall Furnace
- Legal Description: ALLAPATTAH HOMESITES PB 6-123 LOT 2 & E1/2 LOT 3 LESS N10FT BLK 1 LOT SIZE 9975 SQUARE FEET OR 19147-0372 06 2000 1
- MLSID: A11897683
- Parking Spaces: 7
- Roof Type: Shingle
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