Courtesy of: Jose Safdie, Beachfront Realty Inc, josesafdie7@gmail.com
Courtesy of: Jose Safdie, Beachfront Realty Inc, josesafdie7@gmail.com
$799,000
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4 bed
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1,980 square feet
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4.00 Bath (4 Full)
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Quadruplex
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$799,000
1126 NW 58th Ter The only fully remodeled, permitted, conforming fourplex in the area under $1M, and it sits in a federal Opportunity Zone. Turnkey, fully leased 4-unit in 33127 with an 8.4% in-place cap rate. Four 1/1 units, separately metered for electric. Remodeled under permit. New roof, impact windows, electrical, plumbing, tankless water heaters, kitchens with Samsung black-stainless appliances, and baths. 40-year recertification complete. Gross income $83, 400/yr, with rents below the $2, 040 Section 8 payment standard: up to $19, 320/yr of upside on turnover. Blocks from Related Urban's Liberty Square redevelopment and minutes from the planned Little River district, future Tri-Rail station, Wynwood, and the Design District. 5, 680 sf lot with parking for 4. Buy it and collect.
Courtesy of: Jose Safdie, Beachfront Realty Inc, josesafdie7@gmail.com
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