Miami, FL

1450 SW 6th St, Miami FL 33135

$3,250,000

Key Details

Status
Active Under Contract
Property Type
Income/MultiFamily
Year Built
1953

Overview

Multifamily apartment building in the heart a little Havana. The building contains 14 newly renovated units (2022), 13 studio apartments and 1 one-bedroom apartment. The property was built in 1953 and sits on a 15,000 square-foot lot. The building has 18 parking spaces, coin washer & dryers, and new post office approved mailboxes. Each unit has its own electric meter and private outdoor space. This property offers a rare opportunity for an investor to acquire a 14-unit apartment building in mint condition located in the heart of a booming rental market. Cash flows are excellent and can be easily increased with no additional renovations, offering the new owner a great potential of value add. 100% occupied. Owner financing at 50%. 50 year recertified. Property next door also for sale.

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