$565,000
$599,999
5.8%For more information regarding the value of a property, please contact us for a free consultation.
2,521 SqFt
SOLD DATE : 08/19/2022
Key Details
Sold Price $565,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,521 sqft
Price per Sqft $224
Subdivision Magnolia Sub 2Nd Addn
MLS Listing ID A11149380
Sold Date 08/19/22
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1957
Annual Tax Amount $5,221
Tax Year 2021
Contingent No Contingencies
Property Description
Industrial / Commercial CBS Property. DON'T MISS THIS INCOME PRODUCING PROPERTY WHICH HAVE 8 ROOMS AND 3 BATHS, FRONT OF THE PROPERTY HAS TIRE SHOP WHICH IS PART OF THE INCOME PRODUCING SOURCE.
2 business, front structures is a mechanic shop, rear structure is a hotel license.
8 rooms rented at $800 each per month. Mechanic shop rented at $986 per month.
Total monthly rent is $7,386 per month. Rent for Mechanic Shop can be raised to more than $1,200 per month and each room rent can be raised to $900 by the new owner. AMAZING RATE OF RETURN. Impact windows, Mini split for each room,
Brand new roof and laundry on site, Security cameras inside & outside.
No liens, No violations. DO NOT DISTURB TENANTS
Location
State FL
County Miami-dade County
Community Magnolia Sub 2Nd Addn
Area 21
Direction CALL LISTING AGENT FOR SHOWING!!! 24 HRS NOTICE
Interior
Heating Other
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Other
Total Parking Spaces 1
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Architectural Style Fourplex
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 08-21-22-004-0140
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Pamela Hall Real Estate, LLC.
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "