Excellent investment opportunity in the heart of Miami! This 12-unit multifamily property features twelve 1-bedroom, 1-bathroom apartments in a desirable central Miami location. The property offers strong rental potential with a desirable unit mix and excellent income producing capabilities. Each unit has separate electric meters, providing operational efficiency for ownership. Parking is available on-site for residents. Conveniently located near major roads, public transportation, shopping, dining, and employment centers. A great opportunity for investors looking to expand their portfolio with a well positioned multifamily asset in a high demand rental market. Contact listing agent for additional details, income information, and showing instructions.
6901 NW 8th Avenue, Miami, FL, 33150
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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