1126 NW 58th Ter, Miami, Florida, United States, 33127
799,000
for Sale
About the property:
The only fully remodeled, permitted, conforming fourplex in the area under $1M, and it sits in a federal Opportunity Zone. Turnkey, fully leased 4-unit in 33127 with an 8.4% in-place cap rate. Four 1/1 units, separately metered for electric. Remodeled under permit. New roof, impact windows, electrical, plumbing, tankless water heaters, kitchens with Samsung black-stainless appliances, and baths. 40-year recertification complete. Gross income $83,400/yr, with rents below the $2,040 Section 8 payment standard: up to $19,320/yr of upside on turnover. Blocks from Related Urban's Liberty Square redevelopment and minutes from the planned Little River district, future Tri-Rail station, Wynwood, and the Design District. 5,680 sf lot with parking for 4. Buy it and collect.
- Property Type:
- Multi Family Home
- Status:
- for Sale
- House Style:
- Detached
- Square Feet:
- 1980
- Central A/C:
- Yes
- Central A C Details:
- Electric
- Water:
- Municipal Water
- Garage And Parking:
- 4
- Heating:
- Electric
- Directions:
- I-95 to NW 54th St, west to NW 12th Ave, north to NW 58th Ter, east to property.
- Association Fee:
- 0
- Is Garage:
- Yes
- Is New Roof:
- Yes
- Listing ID:
- A12111480
Rooms
Dimensions
Brokered by:
Beachfront Realty Inc
Presented By:
Presented By: