2090 NW 31st St, Miami, Florida, United States, 33142

4,569,000
for Sale
15,299

About the property:

Excellent investment opportunity in Miami. This multifamily portfolio features 16 units, all boasting desirable 2-bedroom, 1-bathroom layouts. The property consists of four separate structures situated across two massive adjacent lots totaling 30,573 square feet of land with two separate Folios. Every unit has been remodeled with fully renovated kitchens, fresh paint, and modern finishes. Generates a strong GPI of $38,480, $461,760 annually this turnkey asset is highly efficient to run, featuring assigned parking per unit and individually..located conveniently near Allapattah station metro rail located at both addresses 2090 NW 31st St and 2081 NW 30th St. Perfect addition to any investor's portfolio looking for immediate, hassle-free cash flow in Miami's growing city. Perfect for investors, 1031 exchange, minimal work with a great return. NOI $375235.56 Cap Rate 7.51%
Property Type:
Residential-Multi-Family
Status:
for Sale
Heating Type:
0
Is Bed:
Yes
Is I C I:
Yes
Is Investment:
Yes
Is Land:
Yes
Is Multi Family:
Yes
Is Media:
Yes
Is Parking:
Yes
Is Unit:
Yes
Listing ID:
A12054966

Rooms

Dimensions

Brokered by:
Lifestyle International Realty
Presented By:

Dale Largie, CPA, SFR

REALTORĀ®

LIFESTYLE INTERNATIONAL REALTY