1126 NW 58th Ter, Miami FL 33127

Description

The only fully remodeled, permitted, conforming fourplex in the area under $1M, and it sits in a federal Opportunity Zone. Turnkey, fully leased 4-unit in 33127 with an 8.4% in-place cap rate. Four 1/1 units, separately metered for electric. Remodeled under permit. New roof, impact windows, electrical, plumbing, tankless water heaters, kitchens with Samsung black-stainless appliances, and baths. 40-year recertification complete. Gross income $83,400/yr, with rents below the $2,040 Section 8 payment standard: up to $19,320/yr of upside on turnover. Blocks from Related Urban's Liberty Square redevelopment and minutes from the planned Little River district, future Tri-Rail station, Wynwood, and the Design District. 5,680 sf lot with parking for 4. Buy it and collect.

This quadruplex home located at 1126 NW 58th Ter, Miami FL 33127 is currently for sale and has been available on Brickellsold for 5 days. This property is listed at $799K. It has N/A beds, N/A bathrooms, and is 1980 square feet. It was built in 1936. 1126 NW 58th Ter, Miami FL 33127 is in Miami county Miami-Dade County.