6950 NW 8th Avenue, Miami, FL 33150
$1,350,000
Current Price:
$1,350,000
Last Modified:
5/05/2024
Description
We are proud to present the sale of an 8 unit multifamily composed of 6 units with studios with one bathroom and 2 units one bedroom with one bathroom. Six units out of the 8 units are remodeled. The building has a new roof, and the building was recently painted. The actual gross income is $124,800 with a few apartments renting under the market, rendering a 6.23% cap
Suppliments: Add value property Projected Cap Rate 6.83% New roof. The building was recently painted. 40 Yrs. recertification has been performed. 6 out 8 apartments are remodeled. GBA: 4,440 sf Lot: 6,316 sf Parking spaces 12
More Information MLS# FX-10437957
Contract Information
Status: Active
Original List Price: 1350000
List Price: $1,350,000
Current Price: $1,350,000
Listing Date: 2024-05-04
Comm/Non-Rep: 1%
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: MultiFamily (5+ Units)
For Sale: Yes
For Lease: No
Property Desc: 8 unit multifamily.
Year Built: 1956
Built Desc: Resale
Total Units: 8
Acres: 0.14
Waterfront: No
Location, Tax & Legal
Area: 2220
Country: United States
County: Miami-Dade
Parcel ID: 01-31-14-019-0860
Street #: 6950
Street Dir: NW
Street Name: 8th
Street Suffix: Avenue
State/Province: FL
Zip Code: 33150
Zoning: 3901
Legal Desc: 14 53 41 HENRY FORD SUB NO 2 PB 9-119 LOT 24 & 25 BLK 4 LOT SIZE 44.170 X 143 COC 25773-2679 07 2007 1
Tax Year: 2023
Real Estate Taxes: 14500
Geo Lat: 25.838431
Geo Lon: -80.210968
Remarks & Misc
Directions: 95 to 62nd street north to 69th street - 1 block west of 441
Office/Member Info
DXORIGMLNO: F10437957
DXORIGMLSID: FLL
Building Info
# of Tenants: 8
Miles to Expressway: 1
Monetary Info
Vacancy Rate: 1
Inc/Exp Stmnt Period: 2023
Unit 1
Unit Desc: 1 Bedroom
# of Units: 2
Half Baths: 1
Unit 2
Unit Desc: Efficiency
# of Units: 6
Half Baths: 1
Property Features
Sale Includes: Building and Land
Avail Docs: Aerial
Cooling: Central Individual
Heating: Central Individual
Tenant Pays: Electric; Sewer
Utilities: Public Water
Maintenance Fee Incl: Exterior Electric; Fire/Liability Insur; Insurance-Bldg; Lawn Care; Maintenance-Exterior
Terms Considered: Cash
Supplements
Add value property Projected Cap Rate 6.83% New roof. The building was recently painted. 40 Yrs. recertification has been performed. 6 out 8 apartments are remodeled. GBA: 4,440 sf Lot: 6,316 sf Parking spaces 12
Listing Office: Barrington Home Realty
Last Updated: May - 05 - 2024
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