1865 16th St,Attached, Quadruplex, Quadruplex, Fourplex, Kenwood Sub

1865 16th St, Miami, Florida, 33125

Price $449,000.00

• Lot size 3446
• Year Build 1925
• Waterfront
• Zip 33125
• Style Attached
• Parking Description
• Pool Yes
• Status Active With Contract

Description

Great Opportunity to own 4 Units, 2 story building in North Miami River. Just 2 blocks from Miami River. Close to 0.5 mile from River Landing Shops and Residences (zoned retails/residential) A 12 min drive (2.7 miles) to west of the Downtown Miami/Brickell. ?Each unit features its own electrical meter ?Plenty parking spaces ?On site laundry provides additional income ?Cap Rate 6.9% ? Perfect for investors or for owner to occupy and rent to others.? "AS IS" CONTRACT, CASH ONLY.

The monthly rent is subject to renovate the 4 units by the new buyer. See attached the presentation with Rent Property Cash Flow Analysis

KENWOOD PB 6-134 LOT 8 BLK 2 LOT SIZE SITE VALUE OR 20647-3574 08 2002 3 COC 24096-3783 12 2005 5

Less Than 1/4 Acre Lot

Great Opportunity to own 4 Units, 2 story building in North Miami River. Just 2 blocks from Miami River. Close to 0.5 mile from River Landing Shops and Residences (zoned retails/residential) A 12 min drive (2.7 miles) to west of the Downtown Miami/Brickell. ?Each unit features its own electrical meter ?Plenty parking spaces ?On site laundry provides additional income ?Cap Rate 6.9% ? Perfect for investors or for owner to occupy and rent to others.? "AS IS" CONTRACT, CASH ONLY.

City:Miami,Zoning:5700,List A O R:A-Miami Association of REALTORS,Tax Year:2020,Latitude:25.790684,Malone Id:2521495924,Cooling Y N:1,Heating Y N:1,List Price:449000,Listing Id:A11000336,Longitude:-80.2265327,Mls Status:Active With Contract,Year Built:1925,Living Area:3446,Postal Code:33125,Street Name:16th St,Contingency:Backup Contract/Call LA,Coordinates:1:25.790684,Photos Count:5,Building Name:KENWOOD SUB,Days On Market:16,Lot Size Units:Square Feet,M L S Area Major:Kenwood Sub,On Market Date:2021-02-16,Parcel Number:01-31-34-015-0160,Parking Total:6,Property Type:Residential Income,Rent Includes:1:Gardener,2:Sewer,3:Trash Collection,4:Water,Stories Total:2,Street Number:1865,M I A M I R E_ Style:Fourplex,Public Remarks:Great Opportunity to own 4 Units, 2 story building in North Miami River. Just 2 blocks from Miami River. Close to 0.5 mile from River Landing Shops and Residences (zoned retails/residential) A 12 min drive (2.7 miles) to west of the Downtown Miami/Brickell. ?Each unit features its own electrical meter ?Plenty parking spaces ?On site laundry provides additional income ?Cap Rate 6.9% ? Perfect for investors or for owner to occupy and rent to others.? "AS IS" CONTRACT, CASH ONLY.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2021-08-17,Private Remarks:The monthly rent is subject to renovate the 4 units by the new buyer. See attached the presentation with Rent Property Cash Flow Analysis,Standard Status:Active Under Contract,Living Area Units:Square Feet,Major Change Type:Active Under Contract,Postal Code Plus4:2205,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:KENWOOD SUB,KENWOOD,Tax Annual Amount:7825,Unparsed Address:1865 NW 16th St, Miami FL 33125,Listing Agreement:Exclusive Agency,Year Built Details:Resale,Building Area Total:3446,Building Area Units:Square Feet,Lot Size Square Feet:3446,M I A M I R E_ L P Amt Sq Ft:130.296,Original List Price:449000,Public Survey Range:31,I D X Participation Y N:1,Syndication Remarks:Great Opportunity to own 4 Units, 2 story building in North Miami River. Just 2 blocks from Miami River. Close to 0.5 mile from River Landing Shops and Residences (zoned retails/residential) A 12 min drive (2.7 miles) to west of the Downtown Miami/Brickell. ?Each unit features its own electrical meter ?Plenty parking spaces ?On site laundry provides additional income ?Cap Rate 6.9% ? Perfect for investors or for owner to occupy and rent to others.? "AS IS" CONTRACT, CASH ONLY.,Listing Contract Date:2021-02-16,Originating System I D:miamire,Public Survey Section:34,Showing Instructions:24 Hour Notice,Appointment Only,Showing Assist,Street Number Numeric:1865,Tax Legal Description:KENWOOD PB 6-134 LOT 8 BLK 2 LOT SIZE SITE VALUE OR 20647-3574 08 2002 3 COC 24096-3783 12 2005 5,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3%,M I A M I R E_ Adjusted Area S F:3446,Contract Status Change Date:2021-03-01,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,Dual Variable Compensation Y N:1,Transaction Broker Compensation:3%,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:130.3,Internet Automated Valuation Display Y N:1,