Commercial property in Miami, Florida 455.41 sq.m. № 2032112

Property description

This is a complete rehabbed 4-plex with brand new roof permitted and completed a month ago. Property sits 2 blocks away from Wynwood. All units are redone with new impact windows, appliances, washer and dryers in each unit. The entire property is currently rented to one tenant for $15,000/month which is returning a CAP of over 7%. The lease is active until the summer of 2027 with option to renew. All units have there own electric meters which tenant pays. Sister building next door 1044 is also for sale for the same price.