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This is a one-of-a-kind chance to own a completely remodeled property situated on a spacious 12,500 square feet corner lot. The property is a multifamily unit with 7 units, initially 5, all of which are currently rented out, making sure of instant rental income. Each unit is designed with modern kitchens and bathrooms, offering a chic and luxurious living experience. The property includes 8 dedicated parking spaces and a newly paved driveway, as well as hurricane shutters on all windows. It has only 2 electric meters and 1 water meter. This property boasts a cap rate of 5%, which makes it a great investment opportunity. Additionally, it is managed by professionals, so the owner can rest assured that their investment is in good hands.
Listed by Mauricio Menegaldo Scionti, Avanti Way Realty LLC

Property Details of 1293 Ne 109th Street

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The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2023 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on November 30, 2023

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