Description

This 17-unit, garden-style multifamily is an income PRODUCER!! Any investor seeking decent level of income and return on investment will appreciate this catch.

The property traditionally maintains a high level occupancy due to its proximity to one of Miami' s main corridors: adjacent on east side of "W. Dixie Highway." Currently, the property has 100% occupancy.

The unit mix consists of 15 units x (1 Bed / 1 Bath); plus One unit x (2 Beds /1 Bath); plus One Studio. This two-story complex has a small center courtyard and has assigned parking on premises for all tenants. Built in 1968, has CBS construction with a built-up flat roof. All units are equipped with a central air-conditioning systems. Recently, after detailed scrutiny by city of North Miami building officials, city granted 40-year building recertification.

Located in a very high rental demand area, the property is literally located just steps away from schools, commercial centers, and the public transit system. The property is minutes from distinct Miami locales: 1) less than 4 miles to Bal Harbour Shops in Miami Beach, 2) 2 miles east of I-95 and 3) approximately 11 miles to Miami International Airport.