Excellent investment opportunity in Miami. This 5-unit multifamily property is 100% occupied, offering stable cash flow and strong rental demand. All units are 1 bed / 1 bath, ideal for the local rental market. The property has recently completed its 40-year recertification, reducing immediate capital expenditures for the new owner. Current rents present upside potential, allowing for increased income and improved returns. Centrally located with easy access to major highways, public transportation, and employment centers. This property is also available as part of a 10-unit portfolio (2100 & 2110 NW 24 ST) and can be purchased individually or together for greater investment scale. CALL US ANYTIME, WE PICK UP!!
2100 NW 24th St, Miami, FL, 33142
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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