1442 SW 3rd St, Miami FL 33135

$1,585,000

$1,234.42/Sq Ft

  • N/A Beds
  • N/A Baths
  • N/A Parking
  • 1284 ft²
Description

6 Units High Cash Flow Opportunity with 7.5 % Cap Rate. Fully stabilized multifamily asset with separate onsite commercial laundry facility. The property consists of Three structures , 2 building with 4 units 2 bed 1 bath and a 2 unit building in the rear with 4 beds 2 bath total 6 units. Plus a very profitable onsite commercial laundry facility. Laundry has separate business license servicing the building & neighboring buildings with 10 commercial washer and 10 commercial gas dryer producing f $5000-5400/month. netting $4000/4300 All machines are owned and conveyed with the sale. Property has new drain system, driveway, impact windows all units redone completely ,fencing electric parking gate and 6 parking spaces. 2 bed 1 bath rented $1300/1350 . 4 bed 2 bath rented $1950/1990

Marvel Avellanet
Marvel Avellanet

Real Estate Broker

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Technical Summary
Price$1,585,000
BedsN/A
BathsN/A
Area1284 ft²
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