$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
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Pamela Hall Real Estate, LLC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "