Fully leased 5-unit multifamily property generating $97,800/year in gross income. Located in central Miami, this turnkey asset features 4 one-bedroom units and 1 detached studio. All units have been recently renovated and are separately metered for electricity. Solid CBS construction on a 13,000+ SF lot with RU-2 zoning. Excellent rental history with strong tenant demand. Just minutes from Wynwood, Design District, Miami International Airport, and major highways. Ideal for investors seeking immediate cash flow with long-term upside. Please do not disturb tenants.
Disclosure: All information is believed to be accurate but is not warranted. Buyer and/or agent should independently verify all facts, figures, and property details.
2515 NW 52nd St, Miami, FL, 33142
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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