3079 NW 11th St

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$2,400,000

3079 NW 11th St Little Havana
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Recommend

39

Home61's Closings in

Little Havana

Amenities

Air Conditioning
Central Heat
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
N/A
Fence
Garage
N/A
Barbecue
N/A
Impact Windows
N/A

Key features

Living area
N/A
Lot size
N/A
Tax
$29,074   (2020)
$ /sqft
-
Tenant Occupied
No
Parking Space
40
Building
12 Unit Townhomes
On market
1247 days
$ /sqft
-
Type
other
Year Built
1984
Unit
-
Zip Code
33125
Ref./MLS ID
A10962297

DESCRIPTION

Real capital partners is pleased to present 3079 nw 11th st.  Miami, fl.  33125.  Great opportunity to purchase a multifamily investment property in a high demand rental area.  The property consists of 6 two-story duplex structures with a total of 12 units.  Most units are 3br/2.  5 ba and some have converted the living room to a fourth bedroom.  The roofs are in good condition and the property has approximately 40 parking spaces.  Tenants are all month to month but have resided long-term with some tenants as long as 20 years.  The owner is offering financing 5.  5% interest only with a minimum down payment of $l.  4mm.  The property is generating a 5.  52% cap rate on current income.  Upon increasing rents to $2,000 per unit, the cap rate will increase to 7.  57%.  


Data is provided by Miami Board of Realtors.

Public transportation

NW 14 St & NW 31 Av
6
3 mins
NW 14 St & NW 30 Av
6
3 mins
NW 14 St & NW 32 Ct
6
4 mins
NW 7 St & NW 30 Pl
7
4 mins

Nearby School In Little Havana

Data Provided by greatschools.org

RATING
Name
GRADE
DISTANCE
2
Citrus Grove Middle School
6-8
1 miles
4
Kensington Park Elementary School
PK-5
0.2 miles
4
Ramz Academy K-5 Miami Campus
K-5
0.5 miles
4
Miami Senior High School
9-12
1.1 miles
Listed on November 24, 2020 by Otto Travieso from Real Capital Partners LLC, this other is for sale. other for sale in Little Havana listed at $2,699,000, Reference A10962297

The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.