$4,147,500
$4,595,000
9.7%For more information regarding the value of a property, please contact us for a free consultation.
0.6 Acres Lot
SOLD DATE : 07/22/2022
Key Details
Sold Price $4,147,500
Property Type Multi-Family
Sub Type Income/Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Chalet Apartments
MLS Listing ID F10330278
Sold Date 07/22/22
Construction Status Resale
HOA Y/N No
Year Built 1969
Annual Tax Amount $41,557
Tax Year 2021
Lot Size 0.602 Acres
Property Description
Property is located in Virginia Gardens, a municipality between Miami Springs & Miami International Airport. Great employment in surrounding area. Building consists of 8 first floor two bedroom apartments and 16 2 story one bedroom townhouse style apartments for 2nd & 3rd floors. Current rents dramatically below market rates on month to month basis offer terrific upside potential. One bedrm rents average $1,040/mo with market at $1,350/mo and two bedrm rents average $1,190/mo with market at $1,550/mo. On-site manager would like to continue services for new owner making this purchase transition much more effective. There is no for sale sign and owner requests absolutely no on-site visits without appointment. Please drive by only & then submit offers subject to interior access.
Location
State FL
County Miami-dade County
Zoning MFR
Interior
Cooling Central Individual A/C
Flooring Carpeted Floors, Other Floors, Tile Floors
Exterior
Waterfront No
Water Access N
Roof Type Other Roof
Private Pool No
Building
Story 3.0000
Sewer Public Sanitation
Water Public Water
Construction Status Resale
Others
Pets Allowed No
Ownership Other Ownership
Acceptable Financing Cash, Conventional/Refinance
Listing Terms Cash, Conventional/Refinance
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Bought with NON MEMBER MLS
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