1821 NW 33rd Street, Miami, FL 33142

$1,074,000
3,042
SqFt

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List Price
$1,074,000
Price Change
▼ $1,000 1789752461
MLS#
A11944416
Sq. Ft
3,042
Subtype
Quadruplex
County
Miami-Dade
Subdivision
Holleman Manor Addn
Region
2310
Year Built
1925

Property Description

Four-unit multifamily investment opportunity in Miami’s Allapattah neighborhood with established in-place income and long-term upside.The property consists of four 1-bedroom / 1-bath units generating $89,940 in annualized rental income, with an in-place NOI of $58,385 and a 5.4% cap rate at the current asking price. Features include separate electric meters, shared on-site laundry, on-site parking, a 2020 roof, 2021 stucco improvements, and completed 2025 recertification. The 8,632 SF lot provides a functional property layout with convenient access to Wynwood, Miami International Airport, Downtown Miami, Brickell, South Beach, and major transportation corridors.A strong opportunity for investors seeking current income with additional operational upside. Seller is seeking a traditional sale with full proceeds at closing. Seller financing will not be considered. Short-term rental income is subject to applicable local regulations.

Additional Information

Heating
Central, Separate Meters
Cooling
Central Air, Ceiling Fan(s)
Roof
Shingle
Sewer
Public Sewer
Water
Public
Parking Spaces
10
Flooring
Ceramic Tile
Construction
Block
Living Area
3,042
Elementary School
Maya Angelou
Middle School
Georgia Jones-Ayers
High School
Miami Jackson

Listing courtesy of All Hud Realty and Management,. Contact:

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