Price Reduced 7.38%
Price History
$4,200,000
2/4/2025
$4,100,000
3/28/2025
$3,990,000
7/8/2025
$3,890,000
8/4/2025
1630 NW 18th St, Miami, FL, 33125
1969
Fully rented and updated 12 units Multifamily Investment 6.3% CAP RATE.This multifamily offers 8 spacious 2-bedroom/1-bath units and 4 large 2-bedroom + den/1-bath units, all meticulously upgraded with 16 parking spaces Brand new roof, high-impact windows, new electrical and plumbing, modern kitchens with new appliances, brand new A/C units, stylish flooring and fresh paint throughout ensure a hassle-free investment. Additional features include a new laundry facility, mechanical room, and a fully gated property with a monitored security camera system. Centrally located near Jackson Memorial,Miami International Airport, and major highways,this property is ideal for stable rental income.A true peace-of-mind investment with a strong 6.3% CAP rate!Don’t miss out—easy to show and won’t last!
Status:
Active
Type:
Commercial
Units:
12
Zoning:
4601
Garage:
Assigned, Other
Heating:
Central
Cooling:
Central Air
Energy Features:
Appliances, Insulation, Roof, Windows
Acreage:
0.31
Est. Taxes:
$31,540
Construction
Block
Days on Market:
190
Lease Term Type:
12 Months
MLS #:
A11738279
Community Info
School Info
Walk Score
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Listing courtesy of ONE SOTHEBY'S INTERNATIONAL REALTY 305-666-0562