Deal Highlights:
• New Price: $4,995,000
• Total Units: 16 Units – All desirable 2-Bedroom / 1-Bathroom configurations.
• Occupancy: 100% Fully Occupied with strong rental history.
• Condition: Fully remodeled and upgraded! The units feature full renovations, upgraded kitchens, new cabinets, and modern finishes.
• Monthly Gross Income: $38,480 ($461,760 Gross Annually).
Property Snapshot:
• Addresses & Folios:
- 2090 NW 31st St, Miami (Folio: 01-3127-061-0040)
- 2081 NW 30th St, Miami (Folio: 01-3127-061-0060)
• Total Lot Size: 30,573 Sq.Ft. (15,299 Sq.Ft. + 15,274 Sq.Ft.)
• Layout: Four separate structures (Year Built: 1955).
• Parking: Dedicated assigned parking spaces per unit.
• Utilities: Electricity is paid entirely by the tenants.
Annual Expense Summary:
• Total Property Taxes: $39,358.44
• Insurance (Flood, Liability, Hazard): $21,727
• Water & Sewer: $11,482
• Trash Removal: $7,497
• Landscaping & Maintenance: $5,520
• Admin & Licenses: $2,500
Please let us know if you would like to receive the full financial breakdown, detailed rent roll, or schedule a site visit this week.