$1,489,900

Quadruplex In Miami

  • 2,295 Sqft
  • Updated: Today
  • Source:
    MIAMI REALTORS MLS  MLS#A12080330

About the Property

Excellent investment opportunity: Fourplex at 1273 NW 24th St, Miami, FL 33142, minutes from Wynwood, the Health District (Jackson Memorial, Bascom Palmer, UHealth) and Downtown Miami. Strategic location with high demand for income and constant revaluation.

It consists of 3 units of 1 bedroom / 1 bathroom and 1 of 2 bedrooms / 1 bathroom, all with new central A/C, roof renewed in 2020 and
Excellent investment opportunity: Fourplex at 1273 NW 24th St, Miami, FL 33142, minutes from Wynwood, the Health District (Jackson Memorial, Bascom Palmer, UHealth) and Downtown Miami. Strategic location with high demand for income and constant revaluation.

It consists of 3 units of 1 bedroom / 1 bathroom and 1 of 2 bedrooms / 1 bathroom, all with new central A/C, roof renewed in 2020 and independent electric meters. Units 3 and 4 recently furnished; current combined income: $7,600/month.

Zoning and potential: under Code Miami 21 (typically T4/T5 in this area), the lot allows you to rebuild as a higher density multifamily (townhomes or boutique apartments).

Projection: the rise of Wynwood and the Health District suggests sustained appreciation and strong rental demand, ideal for repositioning to higher value.

Agent: [hidden information]
  • Property type

    Other

  • Floors

    1

  • Year built

    1959

  • Price/sqft

    $649

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Lifestyle International Realty - Miami Lakes

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Lifestyle International Realty - Miami Lakes
Florida, United States
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Lifestyle International Realty - Miami Lakes
Miami Lakes, Florida, United States
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Last updated
Today
First listed
September 22
Listing reference
A12080330
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