
Turn-key income-producing fourplex in the highly sought-after Coral Way neighborhood of Miami. Strong rental demand supports this stabilized investment comprised of two separate structures with individual meters. Currently configured as four units: three 2-bedroom/1-bath apartments in the main structure and a separate 2-bedroom/1-bath cottage-style unit at the rear of the property, offering added privacy and tenant appeal. Units have been renovated and updated over recent years, including new stainless steel appliances, updated kitchens and bathrooms, new flooring, fresh interior paint, and select A/C replacements. On-site, owner-controlled coin-operated laundry provides additional ancillary income. Property generates approximately $102,000 in gross annual income with stable in-place tenancy and defined lease rollovers. Ideal opportunity for an investor seeking immediate cash flow or an owner-occupant looking to live in one unit while offsetting expenses with rental income from the others. Centrally located minutes from Brickell, Downtown Miami, and Coconut Grove. Call for further details. All information contained herein is deemed reliable but not guaranteed. Buyer and Buyer’s agents are solely responsible for independently verifying all information, including financials, leases, and property condition, before purchase.
MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.
Last Updated: . Source: MAOR
Provided By
Listing Agent: Susanna Santoro (#3297741)
Listing Office: Beachfront Realty Inc (#ROBR01)

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