1630 NW 18th St, Miami FL 33125

$3,890,000

$505.72/Sq Ft

  • N/A Beds
  • N/A Baths
  • N/A Parking
  • 7692 ft²
Description

Fully rented and updated 12 units Multifamily Investment 6.3% CAP RATE.This multifamily offers 8 spacious 2-bedroom/1-bath units and 4 large 2-bedroom + den/1-bath units, all meticulously upgraded with 16 parking spaces Brand new roof, high-impact windows, new electrical and plumbing, modern kitchens with new appliances,brand new A/C units, stylish flooring and fresh paint throughout ensure a hassle-free investment. Additional features include a new laundry facility, mechanical room, and a fully gated property with a monitored security camera system.Centrally located near Jackson Memorial, Miami International Airport, and major highways, this property is ideal for stable rental income.A true peace-of-mind investment with a strong 6.3% CAP rate!Don’t miss out—easy to show and won’t last!

Marvel Avellanet
Marvel Avellanet

Real Estate Broker

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Technical Summary
Price$3,890,000
BedsN/A
BathsN/A
Area7692 ft²
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