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103 NW 9th Ave, Miami FL 33128

Residential Income

103 9th Ave

Miami, FL 33128

ML#:A11218090
List Price:$875,000
Status:Closed
Days on Market:56
Listing Brkr:Fausto Commercial Realty Consultants Inc
Subdivision:BRICKELL RIVERVIEW
Bedrooms:0
Baths:0
SqFt (Liv):3,116
Lot Size:0 sqft
Year Built:1925
Stories:2

General Information

Type Property:Residential Income
Style:Quadruplex
Pool:—
Garage Spaces:0
Parking:—

Location Information

County:Miami-Dade County
Zip:33128
Subdivision:BRICKELL RIVERVIEW
Latitude:25.774787
Longitude:-80.209277

Additional Features

Interior:Stairs
Flooring:Vinyl
Heating:None
Cooling:Ceiling Fan(s), Wall/Window Unit(s)
Construction:Frame, Frame With Stucco
Waterfront:No

Financial Information

Annual Taxes (2021):$7,444
Days on Market:56

Remarks

Fausto Commercial is proud to present an opportunity to buy this Value Add property. Master Plans to remodel complete the building are in process of final revisions for approval, all the long and expensive process of getting plans approved in the City of Miami is already taken care of. This building has 2 stories and Four total Units, Each layout 3 bedrooms 1 bath Allowing you to collect more per unit. The two units downstairs are down to the studs to begin work, saving you money on Demo. The Upstairs Units are collecting $3,600 per month, allowing you to collect cash flow while you complete the project. Zoning Allows for Short term rental in this desirable area. What this means to you is that you can significantly increase the monthly cash flow of this building once complete.

Listing Agent

Miguel Fuentes

Fausto Commercial Realty Consultants Inc

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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