3725 NW 11th Ave, Miami, FL 33127 – MLS A11425907

Excellent investment opportunity in Allapattah. This well-maintained 2-Story multi-family counts 7 bedrooms, 4 Bathrooms divided in 4 separate units, and sits on a large corner lot (10,799 SF). It features impact windows throughout , an 8 y.o roof (2015) and a laundry area. The lot can accommodate a pool and/or a minimum of 8 cars. The fenced lot features 2 gated entrances, from 11th Ave and 38th Street. 3 units are 2/1 w/central AC, and the 4th unit is a 1/1 with split AC, currently owner occupied. Perfectly located close to downtown Miami, Miami Airport, Wynwood, Museums, shops and restaurants. Hop on I-95 or SR-112 a couple of blocks away. Way undervalued original rents need to be updated to conservatively reach $8,400 total. Must see!

Unit     #Beds/#Ba     Rent     Furnished     Lease Ends     Parking     Equip/Appliances

Unit 1:     2BR/1BA     $1,850/Mo     Unfurnished     Month-to-Month     Open Space     Central AC, Refrigerator, Electric Stove/Oven

Unit 2:    2BR/1BA     $1,800/Mo     Unfurnished     Month-to-Month     Open Space     Central AC, Refrigerator, Electric Stove/Oven

Unit 3:     2BR/1BA     $1,800/Mo     Unfurnished     Month-to-Month     Open Space     Central AC, Refrigerator, Electric Stove/Oven

Unit 4:     2BR/1BA     Owner       Unfurnished     Owner       Open Space     SplitAC, Window AC, Refrigerator, Electric Stove/Oven