Virginia Gardens, FL

5979 NW 37th St, Virginia Gardens FL 33166

5508 SF LIVING AREA
$4,150,000
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Key Details

Status
Active
Property Type
Quadruplex
Year Built
1965
Association Fee
$1

Overview

12 Existing rental units already FULLY RENTED and 18 units approved by Miami-Dade to be built. Owner might finance 15 YEARS at 7%. This well maintained Income Property has excellent location, close to Doral, Miami Springs, 826 Hwy & Miami Inter Airport. Exclusive area of Virginia Gardens •Property contains 12 existing rental units for a Gross Income $213,600 - CAP 4.6% and have approved Project for 18 new units to start construction any time •This ideal package will allow a total of 30 units a Gross Income around $670,800 a total of 28,920 SF of rentable area •Lot:43,560' (One Acre) EXISTING 12 UNITS:•08 1 BED/1BATH/480'ft •04 STUDIO 390’ft. A PROJECTED OF 18 UNITS:•16-2 BED/2BATH/1,100’ft •02-3 BED/2 BATH/1,500'ft. For Showings and videos ask for Carlos

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Jose M. Canero
Canero@CaneroGroup.com
305-444-5004
Contact Agent
250 Giralda Avenue
Coral Gables, FL 33134
(305)-444-5004

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