About This Home
This 0-bedroom, 0-bathroom commercial at 2090 NW 31st St in Miami, FL is listed for $4,569,000. Built in 1955, on a 0.35 acres lot.
Key Features
- Built in 1955
- 0.35 acre lot
Property Details
Excellent investment opportunity in Miami. This multifamily portfolio features 16 units, all boasting desirable 2-bedroom, 1-bathroom layouts. The property consists of four separate structures situated across two massive adjacent lots totaling 30,573 square feet of land with two separate Folios.
Every unit has been remodeled with fully renovated kitchens, fresh paint, and modern finishes. Generates a strong GPI of $38,480, $461,760 annually this turnkey asset is highly efficient to run, featuring assigned parking per unit and individually..located conveniently near Allapattah station metro rail located at both addresses 2090 NW 31st St and 2081 NW 30th St.
Perfect addition to any investor's portfolio looking for immediate, hassle-free cash flow in Miami's growing city. Perfect for investors, 1031 exchange, minimal work with a great return. NOI $375235.56 Cap Rate 7.51%
Monthly Cost Estimate
$24,436/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2090 NW 31st St
Miami, FL 33142
Property Details
Parking
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 2090 NW 31st St is listed at $4,569,000. The estimated monthly payment is $24,436 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1955, 0.35 acre lot.
This property is listed by Massiel Perdomo and can be reached at 3055880323.
