Miami, FL 33125 1630 NW 18th St
$3,890,000
12 more
Presented By: This listing is courtesy of One Sotheby's International Realty;
Beds • 12
Baths • 12
SQFT • 7,692
Home Details
Fully rented and updated 12 units Multifamily Investment 6.3% CAP RATE.This multifamily offers 8 spacious 2-bedroom/1-bath units and 4 large 2-bedroom + den/1-bath units, all meticulously upgraded with 16 parking spaces Brand new roof, high-impact windows, new electrical and plumbing, modern kitchens with new appliances, brand new A/C units, stylish flooring and fresh paint throughout ensure a hassle-free investment. Additional features include a new laundry facility, mechanical room, and a fully gated property with a monitored security camera system. Centrally located near Jackson Memorial,Miami International Airport, and major highways,this property is ideal for stable rental income.A true peace-of-mind investment with a strong 6.3% CAP rate!Don’t miss out—easy to show and won’t last!
Presented By: This listing is courtesy of One Sotheby's International Realty;
Interior Features for 1630 NW 18th St
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringTile, Vinyl
Heating Y/NYes
Window FeaturesImpactGlass
General for 1630 NW 18th St
Additional Parcels Y/NNo
Attached Garage No
Building Name1630
Carport Y/NNo
CityMiami
Construction MaterialsBlock
CoolingCentralAir
CountyMiami-Dade
DirectionsUSE GPS
Energy EfficientAppliances, Insulation, Roof, Windows
Garage Y/NNo
Gross Income323257.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense11500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionBRADDOCKS SUB NO 4 PB 3-61 LOTS 18 THRU 21 BLK 9 & N1/2 OF ALLEY LYG S & ADJ CLOSED ORD 13492 LOT SIZE 13507 SQ FT M/L
LevelsTwo
Listing TermsAssumable, Conventional
Lot Size Square Feet13507.0
Lot Size UnitsSquareFeet
MLS Area31
MobileHomeRemainsYNNo
Net Operating Income245360.0
New ConstructionNo
Number Of Units Total12
Occupancy TypeTenant
Ok to LeaseTwelveMonths
Operating Expense77897.0
PostalCityMiami
Property Attached Y/NNo
Property Sub Type AdditionalMultiFamily
Property SubtypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
RestrictionsNoTruck
RoofConcrete
Security FeaturesSecuritySystem, Fenced, Other, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Showing InstructionsCall Listing Agent, Key In Listing Office, Showing Assist
Special Listing ConditionsCorporateListing
Standard StatusActive
StatusActive
Stories Count2
Structure TypeMultiFamily
Tax Annual Amount31540.0
Tax Year2024
Tenant PaysElectricity, HvacMaintenance
Trash Expense6974.0
Virtual TourClick here
Year Built1969
Year Built DetailsResale
Zoning Description4601
Exterior for 1630 NW 18th St
Building Area Total7692.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.31
Lot Size Area13507.0
Number of Buildings1
Number of Separate Electric Meters12
Parking FeaturesAssigned, Other
Private PoolNo
Road Frontage TypeCityStreet
SpaNo
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Yusniel Aguero
Realtor®
