1821 Nw 33rd St, Miami, FL 33142

$1,075,000
3,042
SqFt

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List Price
$1,075,000
Price Change
▼ $122,000 1779429406
MLS
A11944416
Complex Name
Holleman Manor Addn
Status
ACTIVE
Type
Multifamily
Living Area
3,042

Property Description

Four-unit multifamily investment opportunity in Miami’s Allapattah neighborhood with established in-place income and long-term upside. The property consists of four 1-bedroom / 1-bath units generating $89,940 in annualized rental income, with an in-place NOI of $58,385 and a 5.4% cap rate at the current asking price. Features include separate electric meters, shared on-site laundry, on-site parking, a 2020 roof, 2021 stucco improvements, and completed 2025 recertification. The 8,632 SF lot provides a functional property layout with convenient access to Wynwood, Miami International Airport, Downtown Miami, Brickell, South Beach, and major transportation corridors. A strong opportunity for investors seeking current income with additional operational upside. Seller is seeking a traditional sale with full proceeds at closing. Seller financing will not be considered. Short-term rental income is subject to applicable local regulations.

Additional Information

Days on Market
248
Style
Quadruplex, Fourplex
#Parking Spaces
10
Year Built
1925
Development Name
Holleman Manor Addn
#Stories
2
Construction Type
Concrete Block Construction
Section
27

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Listing Courtesy of All Hud Realty and Management,, Contact: