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Key Details
Sold Price $755,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,303 sqft
Price per Sqft $228
Subdivision Third Westmoreland Addn
MLS Listing ID A10818375
Sold Date 03/15/21
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1925
Annual Tax Amount $10,447
Tax Year 2019
Contingent Pending Inspections
Property Description
Turn key investment generating strong monthly income on a huge lot in very central, sought after location in Miami. Tremendous rental demand keeps this large property comprised of 2 structures (separate meters) always occupied with stable tenants. Currently used as a 4 units, three 2 bed/1 bath apartments and an efficiency that is owner occupied. Property has impact windows, some updated plumbing, new kitchens in two of the 2 bed/1 bath, new kitchenette in efficiency, great landscaping, fruit trees and more. Great opportunity to buy a property generating a solid return on investment with potential to increase in value. Also a great option for an owner occupant to live in one of the units and cover their expenses with rental income! Call for further information.
Location
State FL
County Miami-dade County
Community Third Westmoreland Addn
Area 41
Interior
Heating Electric, Wall Furnace
Cooling Electric, Wall/Window Unit(s)
Flooring Ceramic Tile
Window Features Blinds
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Flat,Other,Tile
Total Parking Spaces 2
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 01-41-11-022-0300
Acceptable Financing Cash
Listing Terms Cash
Financing Other,See Remarks
Special Listing Condition Listed As-Is
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Bought with PalmerHouse Properties
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Jaky Quelle
Broker Associate | License ID: BK3283887
Broker Associate License ID: BK3283887