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1442-1446 SW 3rd St
Miami, FL 33135
Montaigne Apartments + Laundry · Multifamily Property For Sale
·
6 Units
Property Facts
| No. Units | 6 | Building Size | 4,697 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1921 |
| Building Class | C | Parking Ratio | 1.28/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | SD-14.1, Miami | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,697 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1921 |
| Parking Ratio | 1.28/1,000 SF |
| Zoning | SD-14.1, Miami |
Amenities
Site Amenities
- Fenced Lot
- Laundry Facilities
- Gated
About 1442-1446 SW 3RD ST , MIAMI, FL 33135
Extremely Rare Opportunity to Purchase Multifamily Asset with Booming Laundry Business! High Cash Flow Opportunity with well over 8% Cap Rate from day 1. Fully stabilized apartments with separate onsite commercial laundry facility in the hot market of Little Havana, minutes from Downtown Miami & Brickell. The property consists of three structures; 2 connected buildings with 4 units and a fully rebuilt 2 unit building in the rear. 4 Two Beds 1 bath and 2 Four Beds 2 bath plus a very profitable onsite commercial laundry facility. Laundry has separate business license servicing the building & neighbors with 10 commercial washers and 10 commercial gas dryers producing $5400-6000/month. All machines are owned and conveyed with the sale. Property has new drain system, driveway, impact windows all units completely remodeled, new mini split AC systems, fencing electric gate and 6 parking spaces. 2 bed 1 bath units rented at $1300/1350, 4 bed 2 bath units rented at $1950/1990.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 2 | $1,970 | - |
| 2+1 | 4 | $1,325 | - |
Property Taxes
| Parcel Number | 01-4102-006-3420 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $839,876 |
Property Taxes
