1864 Nw 28th St, Miami, FL 33142

$1,375,000

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List Price
$1,375,000
Price Change
▼ $24,999 1784082337
MLS#
A11897683
Status
ACTIVE
Type
Commercial

Property Description

Reduced for quick sale ......Turnkey 5-unit multifamily in Allapattah area. Property sits on a gated 9,975 SF lot with on-site parking and upgraded interiors. (3) 1BD + (2) 2BD units. Recent renovations include new kitchens, new bathrooms, impact windows, and updated interiors. Features separate electric meters, low operating expenses, and on-site laundry. Strong Section 8 rental potential and upside in rents. Zoning (T4-R) allows for value-add or redevelopment potential. Ideal for buy-and-hold investors, 1031 exchange buyers, or cash-flow seeking operators seeking a Miami multifamily asset. Located minutes to Wynwood, Midtown, Health District, and major highways. Great income-producing opportunity with long-term appreciation in Miami’s urban core.

Additional Information

Days on Market
376
Tax Amount
$15,719
Water Access
Building & Land, Fixtures, Equipment
Parcel Number
01-31-27-038-0020
Lot Size
9,975
Address
1864 Nw 28th St, Miami
Year Built
1976
Section
27

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Listing Courtesy of Douglas Elliman, Contact: