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48 NW 13TH AVE
MIAMI, FL 33125
Asking Price
$2.60M
Cap Rate
4.52%
Asset Type
Multifamily
Class
Class B
What's Special
Remodel Multifamily Building in Little Havana <p>Fully renovated 8-unit multifamily property located in the heart of Little Havana</p><p>Unit mix consists of (4) 2-Bedroom/1-Bathroom units and (4) 1-Bedroom/1-Bathroom units</p><p>Originally built in 1925</p><p>5,496 adjusted square feet situated on a 5,000 square foot lot</p><p>Zoned T5-L, offering long-term flexibility and redevelopment potential</p><p>Renovations include new impact windows, updated kitchens and bathrooms, modern flooring, and split A/C units throughout</p><p>Prime central
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NOI
$80,000
Cap Rate
3.08%
DSCR
0.52
Underwater
Cash-on-Cash
-9.53%
Monthly Payment
$12,863.381
Annual Cash Flow
$-74,360.577
