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Key Details
Sold Price $1,350,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,480 sqft
Price per Sqft $301
Subdivision Twelfth St Manors
MLS Listing ID A11223653
Sold Date 08/12/22
Style Fourplex
Construction Status Resale
HOA Y/N Yes
Year Built 2011
Annual Tax Amount $10,830
Tax Year 2021
Contingent Pending Inspections
Property Sub-Type Quadruplex
Property Description
Perfect multi-family investment opportunity compromised of 4 units which are all 3 bedrooms / 2 bathrooms with 1,140 interior sqft. All 4 units are currently rented on a month to month basis at the following rates: A1 (11) @ $1,900 / month ; A2 (12) @ $1,700 / month ; B1 (21)@ $2,050 / month ; B2 (22)@ $1,800 / month. These rental rates are pre-Covid pricing so there is untapped value that can easily be captured by raising the rents to current market pricing. Furthermore, even more value can be obtained if you renovate the units as well. Units A1 and B1 feature a small backyard patio with private washer & dryer. Income / Expense report can be found in the Attachments section of the listing
Location
State FL
County Miami-dade
Community Twelfth St Manors
Area 41
Interior
Heating Central
Cooling Central Air
Flooring Other
Exterior
Pool None
Utilities Available Cable Available
Roof Type Other
Total Parking Spaces 4
Private Pool No
Building
Lot Description < 1/4 Acre
Story 2
Sewer Other
Water Other
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 01-41-04-023-2840
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Lifestyle International Realty