1630 NW 1 St

    Miami, FL 33125
    • $875,000
    • STATUS: Active Under Contract
    • ON SITE: 13 days
    • MLS #: A10532332
    Under Contract
    UPDATED: 64 min ago
    $875,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    41
    Type:
    Commercial
    Built:
    1969
    County:
    Area:
    41

    School Ratings & Info

    Description

    DO NOT SPEAK TO TENANTS! Rare opportunity to own a 6 unit with all two bedroom one bathroomunits, performing at a 7.14 CAP currently. Projected CAP rate is 8%. This building provides a stablesource of quality tenants. Property is currently rented under market value, which provides new owner the opportunity to raise rents to market. Building has a concrete roof, and all electrical panels have been updated. Owner has recently obtained the 40 year re-certification.

    Monthly Payment Calculator



    Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2018-09-18T16:42:45.343.
    www.thepearlrealtygroup.com/homes/87180349

    1630 NW 1 St Miami, FL 33125

    • Price: $875,000
    • Status: Active Under Contract
    • Updated: 64 min ago
    • MLS #: A10532332
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1969
    Built
    Neighborhood:
    41
    County:
    Miami-Dade
    Area:
    41
    Property Description
    DO NOT SPEAK TO TENANTS! Rare opportunity to own a 6 unit with all two bedroom one bathroomunits, performing at a 7.14 CAP currently. Projected CAP rate is 8%. This building provides a stablesource of quality tenants. Property is currently rented under market value, which provides new owner the opportunity to raise rents to market. Building has a concrete roof, and all electrical panels have been updated. Owner has recently obtained the 40 year re-certification.
    Exterior Features

    Construction Type Concrete Block Construction Num Loading Doors 0 Num Parking Spaces 7 Parking Description None Roof Description Concrete Roof Waterfront Property Yn No

    Interior Features

    Cooling Description Wall/Window Unit Cooling Floor Description Ceramic FloorTerrazzo Floors Interior Ceiling Height 8.0000 Maximum Ceiling Height 8.0000 Num Offices 0

    Property Features

    Approximate Lot Size 7500 Electric Service 110 Volts PowerOver 200 AmpsSeparate Meters Fire Protection Smoke Detector Flood Zone X For Sale Yn Yes Lease Term Info Month To Month Lease Num Bays 0 Reo YN No Short Sale Yn No Tax Amount 7847 Tax Year 2017 Terms Considered All CashConventional/Refinance Water Description Public Water Year Built Description New Construction

    Listing courtesy of Keller Williams Realty Premier.


    Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2018-09-18T16:42:45.343.
     
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