Two story four-plex located in desired allapattah neighborhood. Operating at 7% cap rate located 10 minutes from midtown, wynwood and minutes away from major highways. This well maintained building consists of four identical 2 bed / 1 bath recently renovated units (2018) the roof was replaced in 2018, new kitchens, new bathrooms and flooring. One dedicated parking space for each unit and separate electrical meter. Tenants are all currently in a month to month basis with the landlord but eager to secure new leases. Coin laundry machines on site managed by an outside company. Plenty of room to expand in the spacious yard. Very close to public transportation & shops
Home Size2,532 sqft
Ceramic Tile Floor
Listing Agent: Javier SarabiaBroker: Avanti WayBroker Phone: 3052291146
The vacancy rate of homes in 33142 is
10.24% with 31.2% of homes being owner-occupied. The median household income in 33142 is $23691 per year with those between 25 and 44 having the highest median income at $27156.