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$7,000,000 Sale
Listed 1 day
29929 SW 159
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Key Facts
Key facts for 29929 SW 159
Property Type
Apartment, Fourplex
Parking
0 parking
MLS #
A12118742
Size
1058 sqft
Basement
-
Listed on
-
Lot size
-
Tax
$36,000 /yr
Days on Market
-
Year Built
1973
Maintenance Fee
-
Description
We are pleased to offer a portfolio of eight multifamily buildings totaling 31 units Homestad- Florida City area, in South Miami-Dade. The buildings are low-rise walk-up properties (one- and two-story) with a unit mix weighted toward 2-bedroom/1-bath apartments. The portfolio is currently 67.7% occu...pied (21 rented, 10 vacant), and the units are in need of improvement. BLDG 1 & BLDG 8 are two-story buildings with 4 units each. In our assessment, with additional work each could be converted into an 8-unit building, doubling the unit count in each building (from 8 units to 16 across the two) and bringing the portfolio from 31 to 39 units
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Listing courtesy of: Albo Realty Group Inc.