Allapattah 4 Plex
Multifamily | 4.71% CAP | 4 Units
Marketing description
Premier Properties is pleased to offer for sale 2622 NW 24 ST Miami, FL. 33142. The two story apartment building was constructed in 1983 of CBS. The currrent unit mix consist of 4, three bedroom , two bathroom units, plus small den room. The building also was renovated in 2022-2023 including new, windows, doors, bathrooms, A/C units, electrical & plumbing. The building has one water meter for all units and separate electrical meters per unit. There are two exit stairways on each end of the building. The landlord pays water & tenants pay for there own electricity use independently.
The previous owner built the property originally designed of eight residential units, but operated as a fourplex. The current owner operates the building as a fourplex. The building is collecting $153K a year gross income with 100% occupancy.
Investment highlights
Miami has experienced strong market conditions in recent years and continues to attract new residents and businesses
Close to Magic City Casino, Merrick Park and Wynwood
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