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1630 NW 18th St
Miami, FL 33125
Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- Fully renovated 12-unit property features a brand new roof, high-impact windows, updated flooring, modern appliances, and completely upgraded plumbing
- This prime investment opportunity offers a strong 6% cap rate and a turnkey property that's fully renovated and ready for immediate income generation.
- The property is conveniently located just minutes from Jackson Memorial Hospital, close to Miami International Airport, and 10 minutes from downtown
- The property is fully gated with secured entry and features a monitored security camera system, ensuring enhanced safety and peace of mind.
EXECUTIVE SUMMARY
Turnkey 12-unit multifamily investment with a strong 6.31% CAP rate in the heart of Miami! Fully renovated building with 8 spacious 2BD/1BA units and 4 large 2BD + den/1BA units. Upgrades include a new roof, impact windows, plumbing, electrical, A/C units, modern kitchens with new appliances, stylish flooring, and fresh paint. The property offers 16 parking spaces, a new laundry facility, and a mechanical room, and is fully gated with a monitored security system. It is located in the Health District near Jackson Memorial, Miami International Airport, and major highways. Ideal for a stable rental income.Call Andreina Zambrano 786.925.5170. Seller financing available.
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Disposal
- Microwave
- Kitchen
- Granite Countertops
- Oven
- Stainless Steel Appliances
- Range
- Den
- Window Coverings
SITE AMENITIES
- Fenced Lot
- Laundry Facilities
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | $3,100 CAD | 500 |
| 3+1 | 4 | $3,272 CAD | 600 |
PROPERTY TAXES
| Parcel Number | 01-3135-005-2350 | Improvements Assessment | $1,010,346 CAD |
| Land Assessment | $1,517,484 CAD | Total Assessment | $2,527,830 CAD |
PROPERTY TAXES
Parcel Number
01-3135-005-2350
Land Assessment
$1,517,484 CAD
Improvements Assessment
$1,010,346 CAD
Total Assessment
$2,527,830 CAD
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