Courtesy of: Juliana Yepes LLC, Real Estate Sales Force, juliana@resf.com
Courtesy of: Juliana Yepes LLC, Real Estate Sales Force, juliana@resf.com
$1,350,000
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8 bed
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3,575 square feet
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5.00 Bath (5 Full)
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Quadruplex
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$1,350,000
5-unit multifamily investment in Miami's Allapattah neighborhood offering in-place income, immediate lease-up upside and longer-term redevelopment optionality. Four 2BR/1BA units plus a legal detached 2BR/2BA, five separate electric meters and one vacant unit. Historical T-12: $108, 822 gross income and $91, 295 NOI, representing a 6.76% cap at the $1.35M asking price. Approx. 6, 534 SF site currently zoned T4-R. Adjacent 765 NW 35th St is T5-L, providing a relevant nearby zoning precedent for buyers evaluating future rezoning, mixed-use, workforce housing or Live Local strategies. Near Wynwood, Miami Health District, Downtown, SR-836, I-95 and MIA. Redevelopment potential subject to independent verification and City approvals.
Courtesy of: Juliana Yepes LLC, Real Estate Sales Force, juliana@resf.com
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