Listed by Real Estate Sales Force Coral Gables, Real Estate Sales Force
$1,100,000
WASHBURNS 2ND ADDN
Details
APN 01-31-34-027-0280
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 3,328
Units 3
Year Built 1924
Stories 2
Zoning 5700
Parking Spaces 6 spaces
Parking Per SqFt 1.80
Multifamily | 3 Units
Marketing description
Income-producing duplex currently configured as a triplex in the Allapattah area. Property features approximately 3,200 sq. ft. of living space on a 7,000 sq. ft. fully fenced lot with parking for 6+ vehicles. Unit mix consists of two 1-bedroom/1-bath units and one 4-bedroom/3-bath unit.
Property has been updated with a new roof, impact windows and doors, updated kitchens and bathrooms, and new plumbing. Includes two electric meters and one water meter, connected to sewer.
Strong in-place rental income exceeding $10,000/month with potential for additional upside. Flexible layout allows for multiple rental strategies. Opportunity to explore adding an additional unit (buyer to verify with municipality).
Located in a high-demand rental area with convenient access to major roadways, employment centers, and public transportation.
Do not disturb tenants. Showings by appointment only.
Listing Contacts
Listed by Real Estate Sales Force Coral Gables, Real Estate Sales Force
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