Strategic Investment opportunity, Classic architecture 10-units multifamily building (1 bed- 1 bath units) with potential for restoration benefits in the sought-after T- 5 L zoning, combining history, prime location, and financial stability. Situated next to the Marlins Stadium, schools and shops. Maximum convenience! Building with a shared laundry for easy access and time-saving. Beautiful patio with a lush avocado tree. Its potential for renovations or upgrades could significantly increase rental rates and property value. Investors willing to modernize the units could benefit from higher rental income and improved marketability. With proper management and strategic upgrades, this building could continue to be a profitable and valuable asset in Miami’s real estate market.
6,188 Sq Ft
5,000 Sq Ft Exterior Space
Commercial
$27,994 Annual Tax
Built in 1926
MLS/Listing ID A11765269
Lot - Backyard
Chandelier
Washer
Listing Courtesy of FAUSTO COMMERCIAL REALTY CONSULTANTS INC, ELISA BARRIGA ALFARO - 561-779-2177
Source of Data: MIAMI ASSOCIATION OF REALTORS