6 Unit Multifamily Building in Little Havana
Offered at $900,000 at a 6.6% Rate of Return in Miami, FL
Exceptional property in East Little Havana. Incredible Location between 3 of Miami’s HOTTEST areas: Brickell, Calle 8 and The Roads! Incredible Stable Cash Flowing Income Producing Opportunity with Excellent Monthly Rent ($7,000) = Rate of Return of 6.6%! Each unit includes a unique completely private 7×10 fenced-in patio! No other buildings have this extra space causing these units to rent at excellent prices of $1200 each! Beautiful 1 story building with 6 units (5 x 1bed/1bath and 1 Studio), 6 Parking Spots, most units have newer wall units. Separate meters. Roof is only 8 years old! EXTREMELY well maintained; 40 year reinspection completed! Zoning T4 R = Build up to 4 stories up! 5 New construction townhomes being built nearby for $799K (434 SW 10th St) = same exact zoning and lot size!