Property summary
This exceptional three-unit apartment building, situated in the heart of Miami's vibrant Little Havana neighborhood, presents a compelling investment opportunity. Built in 1946 and boasting a total of 2,515 square feet, the property comprises three remodeled units. The main house (Unit A) is a spacious 3-bedroom, 1-bathroom unit featuring a carport and backyard. Unit B offers 2 bedrooms and 1 bathroom, highlighted by a large master suite and potential for a small private patio. Unit C is a 1-bedroom, 1-bathroom unit with a separate living area and kitchen, also with the possibility of a small patio. Recent upgrades include newer roofs and a completely updated electrical system, further enhanced by two separate electrical panels, resulting in individual FPL bills for each unit. A substantial utility shed provides ample storage space. All three units are equipped with washer/dryer hookups. The property's convenient location places it within walking distance of the renowned Versailles Restaurant, adding to its appeal and potential rental income. This turnkey investment is priced at $900,000 and is easily shown.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
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