1620 SW 40th Ave, Miami, 33134

  • $2,300,000

Listing UP for Sale

Miami

Overview

Property ID: A11645459
  • Property Type
  • Quadruplex
  • 3334
  • sqft
  • 1959
  • Year Built

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.

  • Address 1620 SW 40th Ave
  • City Miami
  • State/county Florida
  • Zip/Postal Code 33134
  • Area Miami-dade County

Details

Updated on September 3, 2024 at 11:09 am
  • Property ID: A11645459
  • Price: $2,300,000
  • Property Size: 3334 sqft
  • Year Built: 1959
  • Property Type: Quadruplex
  • Property Status: Listing UP for Sale

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