Little Havana Legal triplex operating with a non-conforming extra unit for extra income. All units are 1/1s, with Central a/c. property sits on an attractive corner location.
Current NOI of $40k, raisable to Proforma NOI of $56k, and over a 7% cap at asking price.
Property benefits from being in a neighborhood with plenty of great retail options on several active commercial corridors, solid and safe schools, and close to all the major employment centers of our city.
Priced very reasonable to sell. The perfect first time investment.
Triplex - Non Conforming Fourplex
Living Area: 3,201 SqFt
Lot Size: 7,200 SqFt
Zoning: T3-R
Price Per Door: $194k
4 - Units, all One Bed/One Bath
Cap Rate Proforma 7,55%
Cap Rate 6,33%
Fausto Commercial Realty
1761 W Flagler St. Miami, FL 33135
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