Commercial property in Miami, Florida 269.79 sq.m. № 1979496

Property description

Excellent investment opportunity located at 1075 NW 30 Street, Miami, FL 33127, in one of Miami’s rapidly growing areas. This fourplex features four residential units, each offering 2 bedrooms and 1 bathroom, a highly desirable and functional layout in today’s rental market. Starting April 1st, all units will have executed leases in place with rental income of $2,250 per unit, providing immediate and stable cash flow for the new owner. The property is currently undergoing its 40 year recertification process, which adds value by reducing near term capital uncertainty and reinforcing the structural reliability of the asset. Situated on a 5,500 sq ft lot, the property offers great potential for investors looking to secure a well located income producing property with strong rental demand and long term upside.