Description
Synergy Realty Advisors is proud to present a legal five unit multifamily located in the heart of Little Havana. The property is located within minutes from Brickell, Downtown and walking distance to Flagler street which has bus stops, trolley stops, restaurants, shops, pharmacies, supermarkets etc. There are two 2BR|1 BA units in the front building and the back building consists of three 1BR/1BAs units. The property has major upside once rents are raised and has a 6.29% pro forma cap. Current cap is 5.73%. Both buildings were fully renovated in 2012. Seller replaced roofs, kitchens, bathrooms, electrical, flooring and wall units. The buildings have new PVC plumbing, new asphalt parking (all done with permits). There are three leases that are month to month.
School Ratings & Info
Description
Synergy Realty Advisors is proud to present a legal five unit multifamily located in the heart of Little Havana. The property is located within minutes from Brickell, Downtown and walking distance to Flagler street which has bus stops, trolley stops, restaurants, shops, pharmacies, supermarkets etc. There are two 2BR|1 BA units in the front building and the back building consists of three 1BR/1BAs units. The property has major upside once rents are raised and has a 6.29% pro forma cap. Current cap is 5.73%. Both buildings were fully renovated in 2012. Seller replaced roofs, kitchens, bathrooms, electrical, flooring and wall units. The buildings have new PVC plumbing, new asphalt parking (all done with permits). There are three leases that are month to month.
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