FL > Miami > Marldale Sub
Miami, FL 33125,1844 NW 19th St
Miami, FL 33125,1844 NW 19th St
Miami, FL 33125,1844 NW 19th St
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$1,400,000
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4,520 SqFt
Active

1844 NW 19th St Miami, FL 33125

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Marlon Persaud

Marlon Persaud

+1(407) 216-1481

UPDATED:

09/30/2024 09:31 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,520 sqft

Price per Sqft $309

Subdivision Marldale Sub

MLS Listing ID A11636209

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1971

Annual Tax Amount $14,896

Tax Year 2023

Property Description

This 6-unit apartment building features 2 units with 2 bedrooms and 1 bathroom each, and 4 units with 1 bedroom and 1 bathroom each. Currently, 4 units are occupied, generating a monthly income of $3,650. The rents are significantly below market rates and can conservatively be raised to $1,800 for the 1-bedroom units and $2,000 for the 2-bedroom units, bringing in over $11,200 per month. The projected yearly income is approximately $134,400. The property includes separate electric meters, two balconies, 8 private parking spaces, and has undergone a 40/50 year recertification in 2023. Located just minutes from downtown Miami, this building represents an excellent investment in a dynamic area with strong rental demand and a growing population, ensuring long-term appreciation.

Location

State FL

County Miami-dade

Community Marldale Sub

Area 31

Interior

Heating Other

Cooling Electric, Wall/Window Unit(s)

Flooring Terrazzo

Window Features Impact Glass

Exterior

Exterior Feature Balcony

Pool None

Utilities Available Cable Not Available

Waterfront No

Roof Type Concrete

Total Parking Spaces 8

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Brick,Block

Construction Status Resale

Others

Tax ID 01-31-34-012-0190

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by InteRealty Properties, LLC

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Marlon Persaud

Agent | License ID: SL3362985

+1(407) 216-1481

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1844 NW 19th St