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605 NW 34th Ave
Listing Details
- $1,700,000
- MLS# A11988951
- Type Multi Unit - Multiple
- Status Active
Description
Value-add compound opportunity featuring a unique 6-unit residential property on an expansive 10,400 Sq. Ft. lot. This property offers a versatile unit mix consisting of a standalone 3-bedroom, 2-bathroom single-family home (built 1948) and a separate two story 5-unit apartment building (built 1963) featuring all 1-bedroom, 1-bathroom layouts. All structures feature solid CBS construction and great bones, providing the perfect canvas for an investor to renovate and capture massive rental upside.Current Gross income $97,045 Current NOI $66,255Strategically located in a high-demand growth pocket, the property is just blocks from the Magic City... Read more
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All Property Features
- Property Type: Multi Unit - Multiple
- Cooling: Central Air
- Crops Included Y/N: No
- Days on Site: 65
- Exterior: Concrete Block Construction
- Flooring: Terrazzo, Tile
- Heating: Central
- Home Style: Detached
- Home Warranty Y/N: No
- Lease Considered Y/N: No
- Listing Terms: All Cash, Conventional
- Lot Description: Less Than 1/4 Acre Lot
- Parcel#: 01-41-04-023-4150
- Property Attached Y/N: No
- Property Sub-Type: Quadruplex
- Roof Type: Shingle
- Sewer: Public Sewer
- Stories: 2.0
- Taxes: $16,038
- Year Built: 1963