103 Nw 9th Ave, Miami, FL 33128

$875,000
3,116
SqFt
List Price
$875,000
MLS
A11218090
Complex Name
Brickell Riverview
Status
PENDING
Type
Multifamily
Living Area
3,116

Property Description

Fausto Commercial is proud to present an opportunity to buy this Value Add property. Master Plans to remodel complete the building are in process of final revisions for approval, all the long and expensive process of getting plans approved in the City of Miami is already taken care of. This building has 2 stories and Four total Units, Each layout 3 bedrooms 1 bath Allowing you to collect more per unit. The two units downstairs are down to the studs to begin work, saving you money on Demo. The Upstairs Units are collecting $3,600 per month, allowing you to collect cash flow while you complete the project. Zoning Allows for Short term rental in this desirable area. What this means to you is that you can significantly increase the monthly cash flow of this building once complete.

Additional Information

Days on Market
56
Style
Quadruplex, Fourplex
Special Information
Under Construction
#Parking Spaces
4
Year Built
1925
Development Name
Brickell Riverview
#Stories
2
Construction Type
Frame, Frame With Stucco
Section
38

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Fausto Commercial Realty Consultants Inc.