Miami, FL 33125 1630 NW 18th St
$3,890,000
13 more
Presented By: This listing is courtesy of One Sotheby's International Realty;
Beds • 2
Baths • 1
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
LivingAreaSourceOwner
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringConcrete, Vinyl
Heating Y/NYes
Window FeaturesBlinds, ImpactGlass
General for 1630 NW 18th St
Additional Parcels Y/NNo
Architectural StyleFourplex
Attached Garage No
Carport Y/NNo
CityMiami
Community FeaturesLaundryFacilities
Construction MaterialsBlock
CoolingElectric
CountyMiami-Dade
DirectionsUSE GPS
Energy EfficientAppliances
Garage Y/NNo
HOANo
HeatingElectric
Home Warranty Y/NNo
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 UnitsSquareFeet
MLS Area31
MobileHomeRemainsYNNo
Net Operating Income245360.0
New ConstructionNo
Occupancy TypeTenant
Operating Expense77897.0
Patio/Porch FeaturesOpen, Porch
Pool FeaturesNone
PossessionClosingAndFunding
PostalCityMiami
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Rent IncludesSewer, TrashCollection, Water
RoofConcrete
Senior Community Y/NNo
SewerPublicSewer
Showing InstructionsCall Listing Agent, Courtesy Key, Showing Assist
Special Listing ConditionsCorporateListing, ListedAsIs
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameBRADDOCK SUB NO 4
Tax Annual Amount31540.0
Tax Assessed Value1640000
Tax Year2024
UtilitiesCableAvailable
Virtual TourClick here
Year Built1969
Year Built DetailsNew Construction
Zoning Description4601
Exterior for 1630 NW 18th St
Building Area Total7692.0
Covered Spaces0.0
Crops Included Y/NNo
Exterior AmenitiesFence, Other, Porch
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLessThanQuarterAcre
Private PoolNo
SpaNo
Total Parking16.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Gianna Rovere
Realtor
