USD 1,499,900

1600 NW 16th Ave
Miami, Florida 33125

Beds
Baths 0

Property Description

We are glad to present this EXCELLENT INCLOME PRODUCING PROPERTY for investor area near Miami River district, GREAT LOCATION, Access TO I-95& SR836, near major healthcare institutions, Miami Airport , near civic center, metro rail and Marlins stadium. Excellent tenants! Miami river is in process of redevelopment area with new construction sprouting all around, shopping centers, restaurants, and new projects in the river area. Great Potential in the near future! All units have their own separate electricity services, units well maintained. Building recently painted, One Water Meter approx. $230/M, Garbage Collection $250/M, and FPL bill for common areas around $150/month. Please do not disturb tenants. Call listing agent for any questions. Rents are actual, recently increased. 5.4% CAP RATE

Listed by Phoenix Realtors LLC

Property Details

ID #
A11145282
Status
Sale
Type
House, Residential, Duplex, Triplex
Zip Code
33125
Building Area
3,920ft2
Year Built
1971
Parking Spaces
6
Building Feature
Air Conditioning, Cable Tv
Septic
City sewer
Construction
CBS Construction
Floor
Tile Floors
Heating
Window/Wall
Lot
Less Than 1/4 Acre Lot
Occupancy
Tenant Occupied
Roof
Flat Roof With Facade Front
Utilities
Internet
Zoning Information
4601

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