$550,000

ResidentialIncome For Sale

6601 NE 5th Ave Miami FL 33138

Courtesy of: Keller Williams Eagle Realty

PROPERTY DETAILS

Property Type: ResidentialIncome
Building Size 2,410sqft
Sub Type: Triplex
Price/Sqft: $228
Year Built: 1953

DESCRIPTION

Large Multifamily in highly sought after Palm Grove in the Upper Eastside! 3 Unit Total. Unit 1 has 2 bedrooms plus a bonus den that can be a 3rd bedroom as well as updated windows. Unit 2 has a newer kitchen and all three units have new plumbing and updated electrical. The property has a separate laundry room shared by all three units as well as gated covered parking. There are two large open patio areas with two covered areas that can be shared by all Tenants or kept separate on either side of the property for corner units. Entire property gated and fenced. Rents currently under market value but can be raised for a projected Cap Rate of 7%. No Flood Insurance Required! Easy to Show! (Unit sq ft are approximate measurements)

PROPERTY FEATURES
MLS #: A10697644
For Sale
215 Days on market
Neighborhood: Morningside Amd, Upper Eastside, Morningside
Parking Spaces Included: 3
Status: Active
Year Built: 1953
Community Features: LaundryFacilities
Cooling: CentralAir, WallWindowUnits
Exterior Features: Fence, Patio, RoomForPool
Flooring: CeramicTile, Tile
Heating: HeatPump, None
Roof: Barrel, Flat
Virtual Tour Link: View Tour
Water: Public

MAP
6601 NE 5th Ave Miami, FL 33138
6601 NE 5th Ave Miami FL 33138

Courtesy of: Keller Williams Eagle Realty

MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved.

Updated: 16th September, 2019 10:10 AM.

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