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: