Excellent investment opportunity 2 minutes from Young Circle! 10 unit multifamily 100% rented and professionally managed. Gross Income: $170,580. Cap Rate: 6.1%. Rent roll & expense report attached. The property consists of 3 buildings. Building One & Two: 8 spacious 1/1 units. Building Three: One 1/1 & One 3/1 unit, both units have private patios. 10 parking spaces, additional parking available at the back of the property. All units have individual electric & water meters, Landlord only pays garbage collection. All units have been remodeled in 2018. Hurricane proof windows installed in 2023. Laundry room in excellent condition. Building 3: roof replaced in 2018. Building 1 & 2: 50yr EverSeal Roofing System done in January 2025. All one-bedrooms use natural gas for ovens, paid by tenants.
View Virtual Tour
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the REALTOR® Association of Greater Miami and the Beaches, and is updated as of July 5th, 2025 at 10:47am CDT (date/time).
All information is deemed reliable but not guaranteed by the MLS and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Waterfront Properties and Club Communities shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2025 MLS of RAMB.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing