Unique Opportunity to purchase an income producing multifamily (7% Cap rate approximately), consisting of three buildings & two folios (2941 & 2951). The buildings were built on two adjoining lots (2 separate folios) zoned as T4-R and totaling 16,424 sq. ft. and 6,809 adj. sq. ft. of living area. The properties show as 3 buildings with 9 units in the Miami-Dade tax rolls but has been operating in a Non-conforming use as 13 units: 3 units (2/1), 6 units (1/1) & 4 studios. The 3 buildings are two story with central A/C & wall units. All units have been upgraded with newer kitchens & baths. One assigned parking space for all 13 units & 2 assigned parking spaces for visitors (15 total parking spaces) + street parking. Currently 100% occupied. Newly installed accordion shutters. Sale AS IS.
|--||New Value: $2,390,000|
|10/18/2018 6:12:00 PM|