1915 19th Ave,Detached, Quadruplex, Quadruplex, Fourplex, Marldale Sub

1915 19th Ave, Miami, Florida, 33125

Price $1,250,000.00

  • Lot size 3741
  • Year Build 1963
  • Waterfront
  • Zip 33125
  • Style Detached
  • Parking Description
  • Pool Yes
  • Status Active

Description

Seller financing preferred, building is Section 8 approved, and current rents are below market average. Rare six-unit multifamily opportunity in Allapattah, one of the most sought-after areas in Miami. Conveniently located near the 836 Expressway and the Miami Health District, this building offers excellent investment and income-producing opportunities. This well maintained, recently painted building consists of six 2 bedroom and 1 bath units. The roof was replaced two years ago. Each unit features central air, separate electrical and water meter, and one assigned parking space. On-site laundry facilities provide additional income stream. Great upside proforma cap rate at 6.25%. The 16 Allapattah project, River Landing Shops, Little Havana, and Marlins Park are just minutes away.

Please do not disturb tenants. Property will be shown once agreement is reached by both parties. Current monthly rents are below average and can be adjusted to be in line with rates in the surrounding area.

MARLDALE SUB PB 4-166 LOT 12 LOT SIZE 7004 SQUARE FEET OR 20296-2655 03 2002 1

Less Than 1/4 Acre Lot

Seller financing preferred, building is Section 8 approved, and current rents are below market average. Rare six-unit multifamily opportunity in Allapattah, one of the most sought-after areas in Miami. Conveniently located near the 836 Expressway and the Miami Health District, this building offers excellent investment and income-producing opportunities. This well maintained, recently painted building consists of six 2 bedroom and 1 bath units. The roof was replaced two years ago. Each unit features central air, separate electrical and water meter, and one assigned parking space. On-site laundry facilities provide additional income stream. Great upside proforma cap rate at 6.25%. The 16 Allapattah project, River Landing Shops, Little Havana, and Marlins Park are just minutes away.

City:Miami,Zoning:3900,List A O R:A-Miami Association of REALTORS,Tax Year:2020,Latitude:25.793473,Malone Id:2093741837,Cooling Y N:1,Heating Y N:1,List Price:1250000,Listing Id:A10965752,Longitude:-80.2271863,Mls Status:Active,Year Built:1963,Living Area:3741,Postal Code:33125,Street Name:19th Ave,Coordinates:1:25.793473,Photos Count:24,Building Name:MARLDALE SUB,Days On Market:77,Listing Terms:1:Conventional,2:Owner Will Carry,Lot Size Units:Square Feet,M L S Area Major:Marldale Sub,On Market Date:2020-12-04,Parcel Number:01-31-34-012-0121,Parking Total:6,Property Type:Residential Income,Rent Includes:1:Pest Control,2:Sewer,3:Trash Collection,Stories Total:2,Street Number:1915,M I A M I R E_ Style:Fourplex,Public Remarks:Seller financing preferred, building is Section 8 approved, and current rents are below market average. Rare six-unit multifamily opportunity in Allapattah, one of the most sought-after areas in Miami. Conveniently located near the 836 Expressway and the Miami Health District, this building offers excellent investment and income-producing opportunities. This well maintained, recently painted building consists of six 2 bedroom and 1 bath units. The roof was replaced two years ago. Each unit features central air, separate electrical and water meter, and one assigned parking space. On-site laundry facilities provide additional income stream. Great upside proforma cap rate at 6.25%. The 16 Allapattah project, River Landing Shops, Little Havana, and Marlins Park are just minutes away.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2021-06-09,Private Remarks:Please do not disturb tenants. Property will be shown once agreement is reached by both parties. Current monthly rents are below average and can be adjusted to be in line with rates in the surrounding area.,Standard Status:Active,Window Features:1:Hurricane Shutters,Living Area Units:Square Feet,Major Change Type:Price Increase,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:MARLDALE SUB,Tax Annual Amount:8314,Total Actual Rent:69537,Unparsed Address:1915 NW 19th Ave, Miami FL 33125,Listing Agreement:Exclusive Right To Sell,Operating Expense:15967,Year Built Details:Resale,Building Area Total:3741,Building Area Units:Square Feet,Lot Size Square Feet:3741,M I A M I R E_ L P Amt Sq Ft:334.1353,Original List Price:1250000,Previous List Price:1190000,Public Survey Range:31,I D X Participation Y N:1,Net Operating Income:53570,Number Of Units Total:6,Syndication Remarks:Seller financing preferred, building is Section 8 approved, and current rents are below market average. Rare six-unit multifamily opportunity in Allapattah, one of the most sought-after areas in Miami. Conveniently located near the 836 Expressway and the Miami Health District, this building offers excellent investment and income-producing opportunities. This well maintained, recently painted building consists of six 2 bedroom and 1 bath units. The roof was replaced two years ago. Each unit features central air, separate electrical and water meter, and one assigned parking space. On-site laundry facilities provide additional income stream. Great upside proforma cap rate at 6.25%. The 16 Allapattah project, River Landing Shops, Little Havana, and Marlins Park are just minutes away.,Listing Contract Date:2020-12-04,Originating System I D:miamire,Public Survey Section:34,Showing Instructions:Call Listing Agent,See Broker Remarks,Street Number Numeric:1915,Tax Legal Description:MARLDALE SUB PB 4-166 LOT 12 LOT SIZE 7004 SQUARE FEET OR 20296-2655 03 2002 1,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2%,M I A M I R E_ Adjusted Area S F:3741,Contract Status Change Date:2020-12-04,Internet Address Display Y N:1,Number Of Units In Community:3,Internet Consumer Comment Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:334.14,Internet Automated Valuation Display Y N:1,

  • Price $1,250,000.00
  • Price Change: 2021-02-19
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 1963
  • Waterfront
  • View
  • Pool Yes
  • Style Detached
  • Construction CBS Construction
  • Parking Description
  • Flooring Type Tile
  • Property Type Residential Income
  • Status Active
  • Listed 2021-02-19
  • Days on Market 170
  • Furnished
  • City Miami
  • Zip 33125
  • State Florida
  • Subdivision MARLDALE SUB
  • Development Name MARLDALE SUB, Marldale Sub
  • HOA Fees
  • Taxes 8314
  • Taxes Year 2020