USD 1,600,000

5422-5434 NW 5th Ave
Miami, Florida 33127

Beds
Baths 0

Property Description

Value-Add 7-Unit multi-property investment. Three buildings with 7-Units Total: 3/2 SFH, Duplex with stacked 1 Bed/1 Bath, and a four-plex with equal sized 1 Bed/1 Bath units. Cash flowing stabilized income, huge value-add opportunity, under-market rents with proforma to double income potential. Also a chance to utilize section 8 to secure subsidized tenants with little-to-no vacancy.

The sale includes two folios 5422 & 5434 NW 5th Avenue. The units have gone through various updates including interior renovations gradually turning the units to a similar condition. Gated premises with off-street parking for tenants. 40-Year certification near completion.

Listed by Compass Florida, LLC.

Property Details

ID #
A11248834
Status
Sale
Type
Commercial, Industrial, Income/Multi-Family 5+
Zip Code
33127
Year Built
1926
Parking Spaces
7
Building Feature
Air Conditioning
Water Source
City/mains water
Septic
City sewer
Construction
Concrete Block Construction
Heating
Wall/Window Units
Occupancy
Tenant Occupied
Parking
Common Parking, Free Parking, No Guest Parking
Road Frontage
City Road
Type of Building
Apartments, Commercial/Residential Income
Utilities
Internet
Zoning Information
5700
Disclaimer: BBC: 3%, The offer of compensation is made only to participants of the MLS where the listing is filed.
Listing content provided by the Miami Association of REALTORS

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