1259 4th St ,Free Standing, Income Non-waterfront for Sale & Rent

1259 4th St for Sale & Rent

Price $1,425,000.00

  • Lot size 7500
  • Year Build 1969
  • Waterfront
  • Zip 33125
  • Style
  • Parking Description Assigned, Common, On Street
  • Pool Yes
  • Status Pending
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Description

Outstanding six-unit multi-family situated in Little Havana, just blocks away from Marlins Stadium. Each unit is comprised of two bedrooms & one bathroom. The concrete roof received a new silicone coating in 2023, and the property obtained a 50-Year Recertification in 2019. There are six parking spots available, and on-site amenities include coin-operated washer and dryer facilities. All units are currently rented, with the majority of tenants on month-to-month leases. This presents an excellent investment opportunity. Property is bringing in a gross income of $110,000 per year with a great deal of upside when bringing the rents up to market value!

DO NOT DISTURB THE TENANTS. SHOWINGS WILL TAKE PLACE WITH AN EXECUTED LOI DURING THE DUE DILLIGENCE PERIOD. NO EXCEPTIONS.

LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 13 BLK 41 LOT SIZE 7500 SQUARE FEET COC 26064-1282 10 2007 5

Outstanding six-unit multi-family situated in Little Havana, just blocks away from Marlins Stadium. Each unit is comprised of two bedrooms & one bathroom. The concrete roof received a new silicone coating in 2023, and the property obtained a 50-Year Recertification in 2019. There are six parking spots available, and on-site amenities include coin-operated washer and dryer facilities. All units are currently rented, with the majority of tenants on month-to-month leases. This presents an excellent investment opportunity. Property is bringing in a gross income of $110,000 per year with a great deal of upside when bringing the rents up to market value!

City:Miami,Roof:1:Other,Zoning:6107,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Latitude:25.7775741,Cooling Y N:1,Heating Y N:1,Lease Term:Annual Lease,Month To Month,List Price:1425000,Listing Id:A11518511,Longitude:-80.215988,Mls Status:Pending,Year Built:1969,Inclusions:Building & Land,Leases,Machinery, Leases,Machinery,Postal Code:33125,Street Name:4th St,Coordinates:1:25.7775741,Photos Count:14,Business Type:1:Residential-Multi-Family,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,M I A M I R E_ Area:41,On Market Date:2024-01-23,Other Expense:6407,Parcel Number:01-41-02-005-6570,Parking Total:6,Property Type:Commercial Sale,Stories Total:2,Street Number:1259,Trash Expense:4050,Open Parking Y N:1,Public Remarks:Outstanding six-unit multi-family situated in Little Havana, just blocks away from Marlins Stadium. Each unit is comprised of two bedrooms & one bathroom. The concrete roof received a new silicone coating in 2023, and the property obtained a 50-Year Recertification in 2019. There are six parking spots available, and on-site amenities include coin-operated washer and dryer facilities. All units are currently rented, with the majority of tenants on month-to-month leases. This presents an excellent investment opportunity. Property is bringing in a gross income of $110,000 per year with a great deal of upside when bringing the rents up to market value!,County Or Parish:Miami-Dade County,List Office Name:Century 21 BE3,Private Remarks:DO NOT DISTURB THE TENANTS. SHOWINGS WILL TAKE PLACE WITH AN EXECUTED LOI DURING THE DUE DILLIGENCE PERIOD. NO EXCEPTIONS.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,New Taxes Expense:13896,Parking Features:1:Common,2:On Street,Postal Code Plus4:4757,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:13896,Unparsed Address:1259 NW 4th St, Miami FL 33125,Building Features:1:Exterior Lighting,2:Laundry Facilities,Insurance Expense:9512,Listing Agreement:Exclusive Right To Sell,Operating Expense:33691,Year Built Details:Resale,Building Area Total:5034,Building Area Units:Square Feet,Lease Considered Y N:1,Lot Size Square Feet:7500,M I A M I R E_ For Sale Y N:1,Number Of Buildings:1,Original List Price:1425000,Public Survey Range:41,Documents Available:1:Copy Of Lease(S),I D X Participation Y N:1,Maintenance Expense:2185,Syndication Remarks:Outstanding six-unit multi-family situated in Little Havana, just blocks away from Marlins Stadium. Each unit is comprised of two bedrooms & one bathroom. The concrete roof received a new silicone coating in 2023, and the property obtained a 50-Year Recertification in 2019. There are six parking spots available, and on-site amenities include coin-operated washer and dryer facilities. All units are currently rented, with the majority of tenants on month-to-month leases. This presents an excellent investment opportunity. Property is bringing in a gross income of $110,000 per year with a great deal of upside when bringing the rents up to market value!,Listing Contract Date:2024-01-23,Originating System I D:miamire,Public Survey Section:2,Showing Instructions:Call Listing Agent,See Broker Remarks,Street Number Numeric:1259,Tax Legal Description:LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 13 BLK 41 LOT SIZE 7500 SQUARE FEET COC 26064-1282 10 2007 5,Gross Scheduled Income:109320,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:1%,M I A M I R E_ Internet Remarks:Outstanding multi-family property with six units, conveniently situated in Little Havana. Each unit features 2 bedrooms and 1 bathroom,Contract Status Change Date:2024-01-23,Internet Address Display Y N:1,Number Of Units In Community:6,Internet Consumer Comment Y N:1,Transaction Broker Compensation:2.5%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,

  • Price $1,425,000.00
  • Price Change: 2024-01-21
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build 1969
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction CBS Construction
  • Parking Description Assigned, Common, On Street
  • Flooring Type Terrazzo
  • Property Type Commercial Sale
  • Status Pending
  • Listed 2024-01-21
  • Days on Market 40
  • Furnished
  • City Miami
  • Zip 33125
  • State Florida
  • Subdivision
  • Development Name
  • HOA Fees
  • Taxes 13896
  • Taxes Year 2023