Investors and Developers! Prime location just blocks Brickell & adjacent to the Miami River. 5-unit multifamily property in area w significant new development happening. Two detached structures: a front single family 2/1 house with a remodeled interior, and a permitted basement. Rear building w 4 units—one 1/1 and three 2/1’s. Plus, a laundry shed on-site. The rear building’s roof is 3 years old, and the front house roof is about 10 years old. Many electrical and plumbing upgrades have been made, including PVC drain replacements. The property passed the 40/10 Year building recertification in 2024. Each unit has its own FPL meter, and there is one water meter. Currently rented at $8,650 month with room to increase rents and add value. Most leases expire DEC 2025
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