23
$2,950,000 Sale
Listed 1 day
1440 SW 4th St
· 0
· 0
· 5
· 2790
Key Facts
Key facts for 1440 SW 4th St
Property Type
Apartment, Fourplex
Parking
5 parking
MLS #
A12117933
Size
2790 sqft
Basement
-
Listed on
-
Lot size
-
Tax
$27,983 /yr
Days on Market
-
Year Built
1947
Maintenance Fee
-
Description
TURNKEY, FULLY RENOVATED & INCOME-PRODUCING 10-UNIT MULTIFAMILY INVESTMENT IN THE HEART OF LITTLE HAVANA! An exceptional opportunity to acquire an established rental property already generating income, with a cap rate exceeding 8% based on provided financials. Featuring nine 1-bedroom units and one ...2-bedroom unit, this property offers an established rental operation in one of Miami's most centrally located neighborhoods. Extensive upgrades include PVC plumbing, renovated kitchens and bathrooms, individual A/C units less than two years old, and recent reroofing. The building also features 11 FPL meters, one for each unit plus a master meter. An established short-term rental business is included in the sale, offering investors a turnkey operating platform with potential for continued income generation. Ideally located near LoanDepot Park (Marlins Park), Brickell, Downtown Miami, major highways, dining, and entertainment. A rare opportunity to acquire a fully renovated, income-producing multifamily asset with significant improvements and an existing rental business. Cap rate and financials subject to buyer verification. Buyer to independently verify occupancy, zoning, permitted uses, and transferability of applicable short-term rental operating rights. DON'T MISS THIS OPPORTUNITY! On Zillow, scroll down to "facts & features", click on "show more", then click "View virtual tour" for your Virtual Interactive Lifestyle Concierge!
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Listing courtesy of: Keller Williams Capital Realty