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Property For Sale Listing 182623

501 SW 9th Ave.

Status as of Dec-4-2008 at 01:22 AM: Off The Market

Property Summary

Tenants have a two minute commute to Brickell from this updated six unit apartment building. It' s priced at less than $170 per sq ft for the building and sits on a double lot. The present rent roll is $5350 with additional upward potential. This very attractive, well maintained building just passed Miami re-certification and has new electrical service and updates to the kitchens. All units are on outside corners with cross ventilation and have hardwood floors, dining rooms and classic plaster detailing. The size of the units, curb appeal and off street parking, make it a great candidate for future condo conversion. The full dining room in each unit also makes this a profitable candidate for an ACLF.


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Location

Classification: United States // Southeast States // Florida // Miami

Price

Price Classification: Between $500 Thousand and $1 Million
Asking Price: $759,000

Property Type

Classification: Retail-Commercial Properties
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