Listed by Porosoff Group
$950,000
PRICE REDUCED! - 4-PLEX RENOVATED - ALLAPATTAH, MIAMI
Details
APN 30-31-28-006-1440
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 2,409
Units 4
Cap Rate 5.01%
NOI $47,640
Occupancy 100%
Pro-Forma Cap Rate 6.05%
Pro-Forma NOI $57,480
Price per SqFt $394
Year Built 1966
Zoning 5100
Parking Spaces 8 spaces
Parking Per SqFt 3.32
Investment Type Stabilized
Multifamily
Marketing description
Located in Red-Hot Allapattah. All four units were renovated with rental upside. 2 units are two-bedroom, 1 unit is one-bedroom, and one studio. 40/50 years recertification has been done in 2026. 8 Parking spaces.
Investment highlights
Located in Red-Hot Allapattah. All four units were renovated with rental upside. 2 units are two-bedroom, 1 unit is one-bedroom, and one studio. 40/50 years recertification has been done in 2026. 8 Parking spaces.
Listing Contacts
Listed by Porosoff Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$47,639.80
$3,969.98/mo
Valuation Metrics
0
DSCR
5.01%
Cap Rate
5.01%
ROI
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