The only fully remodeled, permitted, conforming fourplex in the area under $1M, and it sits in a federal Opportunity Zone. Turnkey, fully leased 4-unit in 33127 with an 8.4% in-place cap rate. Four 1/1 units, separately metered for electric. Remodeled under permit. New roof, impact windows, electrical, plumbing, tankless water heaters, kitchens with Samsung black-stainless appliances, and baths. 40-year recertification complete. Gross income $83,400/yr, with rents below the $2,040 Section 8 payment standard: up to $19,320/yr of upside on turnover. Blocks from Related Urban’s Liberty Square redevelopment and minutes from the planned Little River district, future Tri-Rail station, Wynwood, and the Design District. 5,680 sf lot with parking for 4. Buy it and collect.
- Swimming Pool
- Heating System
- Cooling System
- Architectural Style
- Roof
- Sewer
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami
- Zipcode:
- 33127
- Street:
- 1126 Nw 58th Ter, Miami, Florida 33127
- Longitude:
- W81° 47' 6''
- Latitude:
- N25° 49' 44.4''
- Building Area:
- 1,980 Sqft
- Construction Materials
- Cumulative DOM:
- 5
- DOM:
- 5
- Directions:
- I-95 to NW 54th St, west to NW 12th Ave, north to NW 58th Ter, east to property.
- Flooring
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Lot Features
- Parcel Number:
- 01-31-14-023-0341
- Subdivision Name:
- GABEL SUB NO 4
- Tax Annual Amount:
- $9,299
- Utilities
- Virtual Tour:
- Click Here
Residential Income For Sale
1126 Nw 58th Ter, Miami, Florida 33127, Miami, Florida 33127
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $799,000
- Square Footage :
- 1,980 Sqft
- Year Built :
- 1936
- MLS # :
- A12111480
