$530,000
$549,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
2,194 SqFt
SOLD DATE : 06/04/2024
Key Details
Sold Price $530,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,194 sqft
Price per Sqft $241
Subdivision Christie Lawns Rev
MLS Listing ID F10423498
Sold Date 06/04/24
Style Fourplex
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 8938
Year Built 1936
Annual Tax Amount $5,212
Tax Year 2023
Property Description
Don't Miss Out On This Money Maker! 4 Units On An Oversized Lot, 8,937.5 Sqft +/-. All 4 Units Are 1 Bedroom 1 Bath. ONE WATER METER AND 3 ELECTRIC METERS. Current Rents Are Below Market. Potential Gross Income Of $64,800 +/-. Annual Expenses Are Around $9,979. Expenses Include Taxes: $5,212 Estimated Insurance $4,500 Water $267. Projected Net Income: $54,821 With A Potential 9.5% CAP RATE!
Location
State FL
County Miami-dade County
Zoning 0100
Interior
Heating No Heat
Cooling Wall/Window Unit Cooling
Flooring Laminate, Tile Floors
Exterior
Waterfront No
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Frame With Stucco
Sewer Septic Tank
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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