Costantini VIP Realty

Serving the Miami-Dade, Broward and Palm Beach Counties

 

Property Description

Value-Add 7-Unit multi-property investment. Three buildings with 7-Units Total: 3/2 SFH, Duplex with stacked 1 Bed/1 Bath, and a four-plex with equal sized 1 Bed/1 Bath units. Cash flowing stabilized income, huge value-add opportunity, under-market rents with proforma to double income potential. Also a chance to utilize section 8 to secure subsidized tenants with little-to-no vacancy.rnrnThe sale includes two folios 5422 & 5434 NW 5th Avenue. The units have gone through various updates including interior renovations gradually turning the units to a similar condition. Gated premises with off-street parking for tenants. 40-Year certification near completion.

Features
: Wall/window Units
: Wall/window Unit(s)
: 7
: Common, Free Parking
: Public Sanitation
Address Details
FL
Miami-Dade County
Miami
33127
5422-5434 NW 5th Ave
0
Other
98
: All Cash, Conventional/refinance
: New Construction
: City Street
1
: Sale
2
: Commercial
$13,693
2021
: Public
5700

Commercial Sale For Sale

5422-5434 NW 5th Ave, Miami, Florida 33127

12,500 Sqft
$1,600,000
Listing ID #A11248834
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : A11248834
Price : $1,600,000
Year Built : 1926
Lot Area : 12,500 Sqft
Building Area : 4,509 Sqft
Status : Active
Property SubType : Income/multifamily
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