1319 NW 60th St 8 Unit Apartment Building $1,500,000 ($187,500/Unit) 2.62% Cap Rate Miami, FL 33142

Horvath & Tremblay is pleased to present the exclusive sale of a multi-family investment property located at 1319 NW 60th Street in Miami, Florida (“the Property”). Constructed in 1958 of reinforced concrete block, the two-story multi-family property contains eight (8) residential units comprised of two (2), 1-Bedroom/1-Bathroom units and six (6), 2-Bedroom/1-Bathroom units with 5,728 square feet of living area on a 0.18-acre parcel of land. The direct entry units offer residents fully equipped kitchens and tiled floors. Tenants are responsible for separately metered electric, and the landlord is responsible for hot water and domestic water and sewer. The Property also offers a small backyard, eight (8) on-site parking spaces for residents and laundry facility. The Property is situated in an excellent location on a residential street in Miami’s Liberty City neighborhood. The Property is one block from NW 12th Avenue and is 0.7 miles from NW 7th Avenue (US Route 441) and NW 54th Street (SR 944), both of which offer an appealing array of retailers, restaurants, bars, and service amenities. The Property is convenient to public transportation options, major roads and is in close proximity to major attractions and points of interest in the area including Downtown Miami, Miami International Airport, the Miami-Opa Locka Executive Airport, Championship Golf Courses, and the World-Famous Miami Beaches.