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Private Address | For Sale A11569654 in Miami

$1,899,000

Property Highlights

Listing ID A11569654 Status of this Listing: Active For Sale Property Type Residential Income (Multifamily 2-4) Fourplex (Quadruplex) Living Space 3,856 Sqft/358.23 m2 approx. Building Area 3,856 Sqft/358.23 m2 approx. Year Built 1964 Time of this property on Rebonus 125 Day(s)
16 Photos of this Property

About this Fourplex (Quadruplex) with Listing ID A11569654

Property Description: 6 units multifamily property featuring two 2bed/2bath and four 1bed/1bath units. Great return with a 6% cap rate that could be increased, as there are currently long term tenants in place. Expansive lot, almost 7K sqft. Neighbors do Airbnb rentals with excellent cap rates. Possibility to transfer the note at about 40% of the price, 4% rate. More information upon request.

Residential Income (Multifamily 2-4) Fourplex (Quadruplex) For Sale referenced as ID MLS # A11569654. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Original List Price:$1,899,000

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural Style:
  • Fourplex
Levels:Two
Construction Materials:
  • Block
Flooring:
  • Other
Stories:2

Property Features

Waterfront:No
Roof:
  • Other
Air Conditioning:Yes
Air Conditioning System:
  • Wall/window Unit(s)

Taxes and Expenses

Tax Annual Amount:$23,106

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Property Tax Status:Tax Reflects No Exemptions

Terms

Documents Available:
  • Other
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Subdivision Name:NORTHERN BLVD TRACK
Senior Community:No

Parking

Parking Total Spaces:6
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Not Available

More Details

Other Information:
Tax Information: Tax Reflects No Exemptions
Flood Zone : X
Type of Association: None
Style: Fourplex
FEMA Flood Zone Designations: X
Municipal Code: 1
Subdivision Number: 24

Zoning and Legal

Tax Legal Description:NORTHERN BLVD TR PB 2-29 LOT 18 BLK 1 LOT SIZE 50.000 X 139 OR 17647-2577 0597 1 COC 22136-4233 03 2004 1
Real Estate Folio Number (Parcel Number):01-31-25-024-0140
Zoning Description:6107
Public Survey Township:1
Public Survey Range:31
Public Survey Section:25

Listing History

Update/EventDate/Days
Published Date:April 15, 2024 1:39 pm
On Market Date:April 15, 2024
Price Change Date Time:April 15, 2024 1:34 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:April 15, 2024 1:39 pm
Status Last Changed:April 15, 2024 1:39 pm
Photos Last Modified:April 18, 2024 4:32 am
Last Modified:April 15, 2024 10:00 pm
Days on the Market Reference Date:April 15, 2024
Days on the Market (updated on Last Modified*):0
Cumulative Days on the Market (updated on Last Modified**):0

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos Count:16
Area:31
Ref ID:1068157382
Automated Valuation Display:Yes
Courtesy of:Elite Sales Group
Universal Property Id:US-12025-N-0131250240140-R-N

Neighborhood

Postal City:Miami