Property Description
Updated 5-plex situated on a 11,600sf double lot zoned T3-0. Pro-forma 8.29% cap rate by increasing rents to market. All tenants are month to month. Property has (3) separate structures providing 3,203sf of living area. Three units are 2/1’s and two are 1/1’s. New upgrades include roof, hurricane-impact windows, plumbing, kitchen, floors and bathrooms. Little Haiti has an exciting future located minutes from Wynwood with major new projects like the Innovation District and plans to redevelop 65-acres into 5,000 workforce housing. Please DO NOT disturb tenants. Showing request approved after an offer is presented.
Features
: Other
: Central Air, Ceiling Fan(s)
: 8
: Other, Ceramic Floor
: Less Than 1/4 Acre Lot
: Shingle
: Public Sewer
Address Map
FL
Miami-Dade County
Miami
33127
442 NW 59th Ter
LITTLE HAITI
0
W81° 47' 45.3''
N25° 49' 48.1''
LITTLE HAITI
Additional Information
: Attached
: Elevated Construction
123
5
: Gardener, Hot Water, Sewer
2
: Quadruplex, Fourplex
$6,951
2022
: Municipal Water
5700
Residential Income For Sale
442 NW 59th Ter, Miami, Florida 33127
3,203 Sqft
$1,199,995
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Price : $1,199,995
Square Footage : 3,203 Sqft
Year Built : 1937
Listing Terms : All Cash, Conventional
Status : Active
Building Area : 3,303 Sqft
Property SubType : Quadruplex
Agent info
- Patricia Calvet
-
contact@calvetrealty.com
