$9,000,000
n/a
n/a
25899
Quadruplex, Residential Income
Exceptional 27-unit multifamily in the heart of Little Havana. Strong and stable income with great upside through rent adjustments. All units are currently under contract, with the majority recently renewed for 12-month terms in April, providing immediate income stability. Units rent quickly with minimal annual turnover, and most tenants are long-term residents. Features include central A/C, new elevator, pool, laundry with new machines, hurricane-impact windows, and ample parking. Excellent location just minutes from Brickell, Downtown, and Coral Gables. Current cap rate of approximately 6.26%. All figures are approximate and deemed reliable.
This quadruplex home located at 2400 NW 16th St Rd, Miami FL 33125 is currently for sale and has been available on Brickellsold for 164 days. This property is listed at $9M. It has N/A beds, N/A bathrooms, and is 25899 square feet. It was built in 1974. 2400 NW 16th St Rd, Miami FL 33125 is in Miami county Miami-Dade County.
