620 10th Ave ,Quadruplex, Searles for Sale

620 10th Ave for Sale

Price $1,800,000.00

• Lot size 4384
• Year Build 1936
• Waterfront
• Zip 33136
• Style Attached, Old Spanish
• Parking Description
• Pool Yes
• Status Active

Description

Incredible investment opportunity! The property was completely renovated 3 years ago with new plumbing, new electric, new windows, new floors, new kitchen and new a/c units. Currently has five residential units: Main house is a 4/2 and a 1/1 and the detached property has a 2/1 and two 1/1s .Located very close to the Miami River walk, Downtown, Brickell, Calle 8, Brightline station, MDC campus, restaurants, museums and the Marlins stadium . Very active neighborhood. The property boasts an elegant exterior and laundry facilities. Rent roll and financials available . Zoning multifamily. Rented 10 % below market value. Non conforming property ; Buyers must do their own due diligence with the city.

Please, call LA for appointments. 24 hours notice. All offers must include the AS-IS contract , the proof of funds for the down payment and a preapproval letter. Seller preferred title company: ISIS VALLE PA. Very active neighborhood. $112,039 US after expenses. ROI is 6.22%.

SEARLES RESUB PB 9-151 LOT 10 LOT SIZE 5000 SQUARE FEET OR 17246-0194 0696 1

Less Than 1/4 Acre Lot

Incredible investment opportunity! The property was completely renovated 3 years ago with new plumbing, new electric, new windows, new floors, new kitchen and new a/c units. Currently has five residential units: Main house is a 4/2 and a 1/1 and the detached property has a 2/1 and two 1/1s .Located very close to the Miami River walk, Downtown, Brickell, Calle 8, Brightline station, MDC campus, restaurants, museums and the Marlins stadium . Very active neighborhood. The property boasts an elegant exterior and laundry facilities. Rent roll and financials available . Zoning multifamily. Rented 10 % below market value. Non conforming property ; Buyers must do their own due diligence with the city.

City:Miami,Zoning:3900,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Latitude:25.7798142,Cooling Y N:1,Heating Y N:1,List Price:1800000,Listing Id:A11604405,Longitude:-80.2118005,Mls Status:Active,Year Built:1936,Directions:GPS, WAZE, GOOGLE MAPS,Living Area:4384,Postal Code:33136,Street Name:10th Ave,Coordinates:1:25.7798142,Photos Count:26,Building Name:SEARLES,Days On Market:3,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:41,M L S Area Major:Searles,On Market Date:2024-06-10,Parcel Number:01-41-02-015-0080,Parking Total:5,Property Type:Residential Income,Stories Total:2,Street Number:620,M I A M I R E_ Style:Fourplex,Public Remarks:Incredible investment opportunity! The property was completely renovated 3 years ago with new plumbing, new electric, new windows, new floors, new kitchen and new a/c units. Currently has five residential units: Main house is a 4/2 and a 1/1 and the detached property has a 2/1 and two 1/1s .Located very close to the Miami River walk, Downtown, Brickell, Calle 8, Brightline station, MDC campus, restaurants, museums and the Marlins stadium . Very active neighborhood. The property boasts an elegant exterior and laundry facilities. Rent roll and financials available . Zoning multifamily. Rented 10 % below market value. Non conforming property ; Buyers must do their own due diligence with the city.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:United Real Estate Miami,Private Remarks:Please, call LA for appointments. 24 hours notice. All offers must include the AS-IS contract , the proof of funds for the down payment and a preapproval letter. Seller preferred title company: ISIS VALLE PA. Very active neighborhood. $112,039 US after expenses. ROI is 6.22%.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:3712,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:SEARLES,Tax Annual Amount:13561,Total Actual Rent:131160,Unparsed Address:620 NW 10th Ave, Miami FL 33136,Listing Agreement:Exclusive Right To Sell,Operating Expense:19121,Year Built Details:Resale,Building Area Total:4384,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:410.5839,Original List Price:1800000,Public Survey Range:41,Architectural Style:1:Old Spanish,Documents Available:1:Copy Of Lease(S),2:Rent Rolls,3:Existing Survey,I D X Participation Y N:1,Net Operating Income:112039,Number Of Units Total:4,Syndication Remarks:Incredible investment opportunity! The property was completely renovated 3 years ago with new plumbing, new electric, new windows, new floors, new kitchen and new a/c units. Currently has five residential units: Main house is a 4/2 and a 1/1 and the detached property has a 2/1 and two 1/1s .Located very close to the Miami River walk, Downtown, Brickell, Calle 8, Brightline station, MDC campus, restaurants, museums and the Marlins stadium . Very active neighborhood. The property boasts an elegant exterior and laundry facilities. Rent roll and financials available . Zoning multifamily. Rented 10 % below market value. Non conforming property ; Buyers must do their own due diligence with the city.,Listing Contract Date:2024-06-10,Originating System I D:miamire,Public Survey Section:2,Showing Instructions:Call Listing Agent,Street Number Numeric:620,Tax Legal Description:SEARLES RESUB PB 9-151 LOT 10 LOT SIZE 5000 SQUARE FEET OR 17246-0194 0696 1,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:2325,M I A M I R E_ Internet Remarks:Incredible investment opportunity! Completely renovated property in very active neighborhood with 5 units, an elegant exterior & laundry facilities.,Contract Status Change Date:2024-06-10,Internet Address Display Y N:1,Number Of Units In Community:3,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:410.58,