2140 NW 1st Ter - Apartments FOR SALE


Miami, FL 33125- Little Havana
$695,000 USD
954-328-6498
2140 NW 1st Ter, Miami, FL for Sale
$695,000 USD
Apartments - FOR SALE
1/14
null | 10% Cap Rate

2140 NW 1st Ter
Miami, FL 33125
Little Havana


HIGHLIGHTS

  • 4-Plex near Miami Marlins Baseball Stadium

OVERVIEW

Fully remodeled Quadplex (4-PLEX) featuring four 1BR/1BA residences in a highly central Miami location near Flagler Street and major employment hubs like Brickell & Miami's Downtown. This income-producing 4-unit multifamily property offers modern finishes, flexible living options, and excellent rental potential for investors or owner-occupants alike. 3 Units are occupied paying $1700 and $1750/mo. 1 Unit is vacant and easy to see! Also has an entrance in the rear of the property on NW 1 ST, its a double lot. Each unit features open-concept living areas, tile flooring throughout, abundant natural light, central A/C, yard area, modern kitchens with quality countertops, newer appliances, and custom cabinetry. Separate entrances provide added privacy and functionality. Decent sized parking area accommodates multiple vehicles, work trucks, or commercial-use parking needs. Centrally located minutes from Downtown Miami, Brickell, Little Havana, major highways, shopping, dining, and entertainment. Excellent opportunity to own a versatile multifamily property in a high-demand rental market. Tenants pay for all utilities. 2 Water Meters, 2 Electric Meters. This property should produce $7,000/mo.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$208 USD /SF

# OF UNITS

4

PRICE/UNIT

$173,750

CAP RATE

10%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

5700

APN/PARCEL ID

01-4103-009-0420

ASK ABOUT THIS PROPERTY

Alex PatinoLexico Realty, IncMore Info
954-328-6498

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Alex PatinoLexico Realty, IncMore Info
954-328-6498

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.