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
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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Teresa Moisés

Teresa Moisés

+1(305) 303-1911
$ 1,400,000
Est. payment | /mo

4,520 SqFt

Save Virtual Tour
$ 1,400,000
Est. payment | /mo
Save Virtual Tour

4,520 SqFt

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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"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(305) 303-1911

teresa.moises@lptrealty.com

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1844 NW 19th St