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30117318
30117327

118 NW 24th St, Miami, FL 33127 For Sale

Miami Residential Group
Listed by Miami Residential Group
$3,390,000
62 days on market
Updated 1 day ago

MARKS SUB

Details
APN 01-31-25-037-0420
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex (+1)
Square Footage 2,983
Units 8
NOI $92,050
Year Built 1927
Acreage 0.172
Zoning 6101
Parking Spaces 8 spaces
Parking per 1,000 SqFt 2.68

Multifamily | 8 Units

Marketing description

Multifamily Investment (8/8 Studios in WYNWOOD - FOR SALE) •Zoning: T5-O/NRD-1 • Lot Size 7,500SF •Covered Land Play property; Owner would receive income while working on development plans • Great opportunity for owner user or developer with all tenant leases up-to-date • Current income: Approx. $12,400/Month • Property includes 8 street parking spaces (City Decal) • New roof installed in '16 • WiFi network for all tenants • Central washer and dryer • Minutes to Miami Design District, Midtown, Allapattah, Miami beach, Downtown Miami and more
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Listing Contacts

Miami Residential Group
Listed by Miami Residential Group

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$92,050.00
$7,670.83/mo

Valuation Metrics

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DSCR
2.72%
Cap Rate
2.72%
ROI

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