620 SW 6th Ave, Miami FL 33130

Description

7-unit apartment building located in the booming area of Little Havana within close proximity to Downtown Miami and Brickell. Fully renovated building with new kitchens, updated plumbing and electrical systems. The property is a true turnkey asset with no deferred maintenance and perfect for an out of state investor looking for passive income or an experienced operator looking to add to its portfolio. Key upgrades include impact windows, a new standing seam metal roof, modern interiors with terrazzo floors and walk-in showers, and brand-new kitchens outfitted with new cabinets and stainless steel appliances. Great turn key investment opportunity at an above 6% cap. Situated in a growing South Florida residential area with over 86,000 people and average household incomes exceeding $107,000 within a 1-mile radius, the property benefits from easy access to 8th & 7th Streets, West Flagler, and I-95, offering strong proximity to downtown. Priced below replacement cost and designed for easy, low-touch management, it presents an attractive value-add opportunity.

This income/multifamily home located at 620 SW 6th Ave, Miami FL 33130 is currently for sale and it is a new listing on Brickellsold listed today. This property is listed at $2M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1950. 620 SW 6th Ave, Miami FL 33130 is in Miami county Miami-Dade County.