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Commercial Sale

6950 8th

Miami, FL 33150

ML#:F10437957
List Price:$1,350,000
Status:Closed
Days on Market:27
Listing Brkr:Barrington Home Realty
Subdivision:
Bedrooms:0
Baths:0
SqFt (Liv):
Lot Size:0.145 acres
Year Built:1956
Stories:2

General Information

Type Property:Commercial Sale
Style:Multi Family
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33150
Subdivision:
Latitude:25.838401
Longitude:-80.210979

Additional Features

Heating:Central Individual A/C
Cooling:Central Individual A/C
Waterfront:No

Financial Information

Annual Taxes (2023):$14,500
Days on Market:27

Remarks

We are proud to present the sale of an 8 unit multifamily composed of 6 units with studios with one bathroom and 2 units one bedroom with one bathroom. Six units out of the 8 units are remodeled. The building has a new roof, and the building was recently painted. The actual gross income is $124,800 with a few apartments renting under the market, rendering a 6.23% cap Add value property• Projected Cap Rate 6.83%• New roof. • The building was recently painted.• 40 Yrs. recertification has been performed.• 6 out 8 apartments are remodeled.• GBA: 4,440 sf• Lot: 6,316 sf• Parking spaces 12

Listing Agent

Keisha A Hall

Barrington Home Realty

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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