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Duplex Operating as a Triplex 2160 NW 18th Ter 3 Unit Apartment Building $1,180,000 ($393,333/Unit) Miami, FL 33125
Investment Highlights
- Recently renovated Duplex Operated as a Triplex property with updated interiors, new appliances, and impact windows and doors
- Each residential unit includes its own washer and dryer for added tenant convenience.
- OR CO-AGENT JULIO BLANDON AT 786-487-4651
- Centrally located in Miami's Allapattah area with convenient access to Downtown Miami and Miami International Airport
- Positioned near Wynwood, the Health District, and major employment centers throughout Miami. FOR MORE INFO CALL LISTING AGENT NICOLE TRENK -2149093817
Executive Summary
Centrally located near Downtown and MIA airports, this amazing opportunity multifamily home. Recently renovated from floor to ceiling and with new appliances and impact windows and doors. Each unit has their own washer and dryer. Property is fully rented with one yer lease. As per Dade County Tax roll public records states 3 living units.
DO NOT DISTURB THE TENANTS!!! Showings will be planned ahead of time to accommodate tenants' schedules.
INVESTORS SPECIAL: The rear unit is out of compliance with the city of Miami. New buyer will assume the violation and bring it to up to code. Fence, electrical, plumbing are mentioned in the city of Miami's letter. Buyers are to do their own due diligences. Survey and the city compliance requirements are attached.
DO NOT DISTURB THE TENANTS!!! Showings will be planned ahead of time to accommodate tenants' schedules.
INVESTORS SPECIAL: The rear unit is out of compliance with the city of Miami. New buyer will assume the violation and bring it to up to code. Fence, electrical, plumbing are mentioned in the city of Miami's letter. Buyers are to do their own due diligences. Survey and the city compliance requirements are attached.
Property Facts
| Price | $1,180,000 | Building Class | B |
| Price Per Unit | $393,333 | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 2,552 SF |
| No. Units | 3 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1956 |
| Apartment Style | Low-Rise | Parking Ratio | 2/1,000 SF |
| Zoning | 5700 - T3 Zone | ||
| Price | $1,180,000 |
| Price Per Unit | $393,333 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.15 AC |
| Building Size | 2,552 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1956 |
| Parking Ratio | 2/1,000 SF |
| Zoning | 5700 - T3 Zone |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Lawn
Site Amenities
- Fenced Lot
- Laundry Facilities
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $1,975 | 655 |
| 2+1 | 1 | $2,250 | 720 |
| 2+2 | 1 | $3,150 | 1,222 |
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Exceptionally walkable
90/100
Moderately drivable
60/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 01-3134-014-0172 | Improvements Assessment | $297,470 |
| Land Assessment | $262,000 | Total Assessment | $559,470 |
Property Taxes
Parcel Number
01-3134-014-0172
Land Assessment
$262,000
Improvements Assessment
$297,470
Total Assessment
$559,470
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Contact the Sale Advisor
Duplex Operating as a Triplex | 2160 NW 18th Ter