1620 40th Ave ,Attached, Quadruplex, Anderson Park for Sale

1620 40th Ave for Sale

Price $2,300,000.00

• Lot size 3334
• Year Build 1959
• Waterfront
• Zip 33134
• Style Attached
• Parking Description
• Pool Yes
• Status Active With Contract

Description

Exceptional investment opportunity in the highly sought-after Little Gables neighborhood, just minutes from downtown Gables. This stable and reliable four-plex sits on a 7,500 sq ft corner lot and features four 2-bedroom, 1-bath units, each with a 1-year lease at $2,500/month. The property boasts separate electric meters and three split AC units per unit. Residents have access to owned washers and dryers within their individual units. Recent updates include brand-new floors, appliances, bathrooms, impact windows and doors throughout, and more?tenting in June 2021 and 40-year recertification in 2022. The electrical system was upgraded to circuit breakers in 2016, and the roof was resealed in 2014. Please check broker remarks for more information.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11645459 All units are the same. A showing will only be allowed when the offer is presented and negotiation is taking place. Please text the listing agent for more information.

ANDERSON PARK PB 18-76 LOT 13 & E25FT LOT 14 BLK 1 LOT SIZE 75.000 X 100 COC 23269-4825 04 2005 1

Less Than 1/4 Acre Lot, Regular Lot

Exceptional investment opportunity in the highly sought-after Little Gables neighborhood, just minutes from downtown Gables. This stable and reliable four-plex sits on a 7,500 sq ft corner lot and features four 2-bedroom, 1-bath units, each with a 1-year lease at $2,500/month. The property boasts separate electric meters and three split AC units per unit. Residents have access to owned washers and dryers within their individual units. Recent updates include brand-new floors, appliances, bathrooms, impact windows and doors throughout, and more?tenting in June 2021 and 40-year recertification in 2022. The electrical system was upgraded to circuit breakers in 2016, and the roof was resealed in 2014. Please check broker remarks for more information.

City:Miami,Zoning:3100,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Latitude:25.7567192,Cooling Y N:1,Heating Y N:1,List Price:2300000,Listing Id:A11645459,Longitude:-80.2614608,Mls Status:Active With Contract,Year Built:1959,Living Area:3334,Postal Code:33134,Street Name:40th Ave,Coordinates:1:25.7567192,Lot Features:1:Regular Lot,Photos Count:44,Building Name:ANDERSON PARK,Days On Market:11,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:41,M L S Area Major:Anderson Park,On Market Date:2024-09-03,Parcel Number:30-41-08-032-0100,Parking Total:4,Property Type:Residential Income,Rent Includes:1:Water,Stories Total:2,Street Number:1620,M I A M I R E_ Style:Fourplex,Public Remarks:Exceptional investment opportunity in the highly sought-after Little Gables neighborhood, just minutes from downtown Gables. This stable and reliable four-plex sits on a 7,500 sq ft corner lot and features four 2-bedroom, 1-bath units, each with a 1-year lease at $2,500/month. The property boasts separate electric meters and three split AC units per unit. Residents have access to owned washers and dryers within their individual units. Recent updates include brand-new floors, appliances, bathrooms, impact windows and doors throughout, and more?tenting in June 2021 and 40-year recertification in 2022. The electrical system was upgraded to circuit breakers in 2016, and the roof was resealed in 2014. Please check broker remarks for more information.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:Coldwell Banker Realty,Standard Status:Active,Window Features:1:Skylight(s),Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:3863,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:ANDERSON PARK,Tax Annual Amount:12640,Unparsed Address:1620 SW 40th Ave, Miami FL 33134,Listing Agreement:Exclusive Right To Sell,Year Built Details:Effective Year Built,Building Area Total:3334,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:689.862,Original List Price:2300000,Public Survey Range:41,I D X Participation Y N:1,Syndication Remarks:Exceptional investment opportunity in the highly sought-after Little Gables neighborhood, just minutes from downtown Gables. This stable and reliable four-plex sits on a 7,500 sq ft corner lot and features four 2-bedroom, 1-bath units, each with a 1-year lease at $2,500/month. The property boasts separate electric meters and three split AC units per unit. Residents have access to owned washers and dryers within their individual units. Recent updates include brand-new floors, appliances, bathrooms, impact windows and doors throughout, and more?tenting in June 2021 and 40-year recertification in 2022. The electrical system was upgraded to circuit breakers in 2016, and the roof was resealed in 2014. Please check broker remarks for more information.,Listing Contract Date:2024-09-03,Originating System I D:miamire,Public Survey Section:8,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,See Broker Remarks,Street Number Numeric:1620,Tax Legal Description:ANDERSON PARK PB 18-76 LOT 13 & E25FT LOT 14 BLK 1 LOT SIZE 75.000 X 100 COC 23269-4825 04 2005 1,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:2865,M I A M I R E_ Internet Remarks:This is an exceptional investment opportunity in the highly sought-after Little Gables neighborhood. It is a stable and reliable four-plex!,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-09-03,Internet Address Display Y N:1,Number Of Units In Community:4,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:689.86,