Property Description

This 6-unit apartment building features 2 units with 2 bedrooms and 1 bathroom each, and 4 units with 1 bedroom and 1 bathroom each. Currently, 4 units are occupied, generating a monthly income of $3,650. The rents are significantly below market rates and can conservatively be raised to $1,800 for the 1-bedroom units and $2,000 for the 2-bedroom units, bringing in over $11,200 per month. The projected yearly income is approximately $134,400. The property includes separate electric meters, two balconies, 8 private parking spaces, and has undergone a 40/50 year recertification in 2023. Located just minutes from downtown Miami, this building represents an excellent investment in a dynamic area with strong rental demand and a growing population, ensuring long-term appreciation.

Features
: Other
: Wall/window Unit(s), Electric
: 8
: Balcony
: Terrazzo
: Stairs
: Less Than 1/4 Acre Lot
: Concrete
: Public Sewer
Address Map
FL
Miami-Dade County
Miami
33125
1844 NW 19th St
MARLDALE SUB
0
W81° 46' 25.4''
N25° 47' 34.9''
MARLDALE SUB
MLS Addon
InteRealty Properties, LLC
Breigel Leiva
: Cbs Construction, Brick
1
3325131
IPLL01
: Conventional, All Cash
1
: Water
2
: Quadruplex, Fourplex
$14,896
2023
3900

Residential Income For Sale

1844 NW 19th St, Miami, Florida 33125

4,520 Sqft
$1,400,000
Listing ID #A11636209
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : A11636209
Price : $1,400,000
Square Footage : 4,520 Sqft
Year Built : 1971
Building Area : 4,520 Sqft
Status : Active
Property SubType : Quadruplex
Agent info
Daniel Lombardi
Contact Agent
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