Historical Multifamily Sale Listing - 3500 NW 3 AVE

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3500 NW 3 AVE

3500 NW 3 AVE, MIAMI, FL 33127

N/A

8 Units | Multifamily

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3500 NW 3 AVE FRONT

Multifamily Property - Off Market

Price:
N/A
No. Units:
8
Building Size:
4,031 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
5.52%
No. Stories:
2
Year Built:
1956
Lot Size:
6,950 SF
Listing ID
14638485
Last Updated
over 1 year ago

Highlights

  • Good Income
  • Three blocks west of The Shops at Midtown
  • Terrazo floors
  • Units maintained
  • New roof installed at purchase

Description

This 8 unit multi-family building is located in the Wynwood Fashion District, close to The Shops at Midtown with major retailers such as Target, Bed, Bath & Beyond and Circuit City. The neighborhood has been going through its own revival over the past 3 years so this is an excellent opportunity to purchase!

The building features 2 story concrete construction, terrazzo floors on both stories, a roof in good condition, well-maintained units, and good income. The building has good conversion potential.

This property is located three blocks west of The Shops at Midtown, and one block south of 36th street. 36th street is one of only four roadways that travels from the very west most part of Miami all the way to the beach.

Map of 3500 NW 3 AVE, MIAMI, FL 33127 (Miami-Dade County)

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