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6028 NW 1st Ave
Miami, FL 33127
Specialty Property For Sale · 1,800 SF

PROPERTY FACTS

Property Type Specialty
Property Subtype
Residential Income
  • Multifamily Apartments
Building Class B
Lot Size 0.11 AC
Building Size 1,800 SF
No. Stories 1
Year Built 2005
Parking Ratio 2.22/1,000 SF
Zoning 5700 - Residential

AMENITIES

  • Air Conditioning

ABOUT 6028 NW 1ST AVE , MIAMI, FL 33127

Duplex built in 2005 producing a solid Cap Rate of 8.70 %. Great location just 3 blocks of the new Magic City development and close to design district, downtown, groceries, shopping and transportation. Both units are rented to a good Section 8 tenants with leases till July 2020 and December 2019 paying $ 1600 and $ 1300 respectively. There will be room to increase rents at the renewal of the leases. Tenants pay for all utilities. Landlord only pays for Prop. Taxes, Lawn Maintenance and Insurance. CASH ONLY. PLEASE DRIVE BY BUT DO NOT APPROACH OR DISTURB TENANTS

  • Listing ID: 15342585

  • Date on Market: 3/4/2019

  • Last Updated:

  • Address: 6028 NW 1st Ave, Miami, FL 33127

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