1620 SW 40th Ave Save Request In-Person Tour Request Virtual Tour
Miami,FL 33134
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,334 sqft
Price per Sqft $689
Subdivision Anderson Park
MLS Listing ID A11645459
Style Fourplex
Year Built 1959
Annual Tax Amount $12,640
Tax Year 2023
Property Description
Exceptional investment opportunity in the highly sought-after Little Gables neighborhood, just minutes from downtown Gables. This stable and reliable four-plex sits on a 7,500 sq ft corner lot and features four 2-bedroom, 1-bath units, each with a 1-year lease at $2,500/month. The property boasts separate electric meters and three split AC units per unit. Residents have access to owned washers and dryers within their individual units. Recent updates include brand-new floors, appliances, bathrooms, impact windows and doors throughout, and more—tenting in June 2021 and 40-year recertification in 2022. The electrical system was upgraded to circuit breakers in 2016, and the roof was resealed in 2014. Please check broker remarks for more information.
Location
State FL
County Miami-dade
Community Anderson Park
Area 41
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Exterior
Exterior Feature Security/High Impact Doors
Pool None
Utilities Available Cable Available
Roof Type Flat
Building
Lot Description Rectangular Lot,< 1/4 Acre
Story 2
Sewer Septic Tank
Water Public
Structure Type Block
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Listed As-Is