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1620 SW 40th Ave, Miami FL 33134

Multi-family Active With Contract
$2,300,000

BTC: 23.97379143

ETH: 660.85117632

91 days
0 room(s)
3,334 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Exceptional investment opportunity in the highly sought-after Little Gables neighborhood, just minutes from downtown Gables. This stable and reliable four-plex sits on a 7,500 sq ft corner lot and features four 2-bedroom, 1-bath units, each with a 1-year lease at $2,500/month. The property boasts separate electric meters and three split AC units per unit. Residents have access to owned washers and dryers within their individual units. Recent updates include brand-new floors, appliances, bathrooms, impact windows and doors throughout, and more—tenting in June 2021 and 40-year recertification in 2022. The electrical system was upgraded to circuit breakers in 2016, and the roof was resealed in 2014. Please check broker remarks for more information.

Location

Florida • Miami • 33134 • Multi-family • Active With Contract

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1959
Lot:
No Data
Heating:
Central
Price/sqft:
$690
Cooling:
Central Air
HOA:
No Data
All facts and features

  • Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Stairs

  • Other Property Information

    • Parcel Number: 30-41-08-032-0100

    • Zoning: 3100

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $12,640

  • Source details

    • MLS ID: A11645459

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot / Regular Lot

    • Window Features: Complete Impact Glass / Skylight(s)

    • Architectural Style: Attached

    • Living Area: 3334

    • Water Source: Municipal Water

    • Subdivision Name: ANDERSON PARK

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial 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. Listing courtesy of: Coldwell Banker Realty