1821 Nw 33rd St, Miami, FL 33142
- $1,075,000
- 3,042
- SqFt
- List Price
- $1,075,000
- Price Change
- ▼ $122,000 1779429406
- MLS#
- A11944416
- Sq. Ft
- 3,042
- Subtype
- Quadruplex
- County
- Miami-Dade
- Community
- Holleman Manor Addn
- Subdivision
- Holleman Manor Addn
- Year Built
- 1925
Property Description
Four-unit multifamily investment opportunity in Miami’s Allapattah neighborhood with established in-place income and long-term upside. The property consists of four 1-bedroom / 1-bath units generating $89,940 in annualized rental income, with an in-place NOI of $58,385 and a 5.4% cap rate at the current asking price. Features include separate electric meters, shared on-site laundry, on-site parking, a 2020 roof, 2021 stucco improvements, and completed 2025 recertification. The 8,632 SF lot provides a functional property layout with convenient access to Wynwood, Miami International Airport, Downtown Miami, Brickell, South Beach, and major transportation corridors. A strong opportunity for investors seeking current income with additional operational upside. Seller is seeking a traditional sale with full proceeds at closing. Seller financing will not be considered. Short-term rental income is subject to applicable local regulations.
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Additional Information
- Status Label
- ACTIVE
- Total Unitsin Complex
- 4
- Construction
- Concrete Block Construction
- Cooling
- Ceiling Fan(s), Central Air
- Flooring
- Ceramic Floor
- Heating
- Central
- Lot Description
- Less Than 1/4 Acre Lot
- Roof
- Shingle
- Taxes
- $11,991
- Total Floors
- 2
- Stories
- 2
- Roofing
- Shingle
- Price Per Sqft
- $353
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Listing Courtesy Of All Hud Realty and Management,, Contact: