1346 NW 6th St, Miami, FL 33125 — MLS photo

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1346 NW 6th St, Miami, FL 33125

Active · Quadruplex

$1,300,000

1346 NW 6th St, Miami, FL 33125

Beds
—
Baths
0
Living area
2,888 sq ft
$ / sq ft
$450/sq ft
Year built
1948
Lot size
—
HOA fee
—
Annual tax
$17,965

About this property

5 units located steps from the Marlin Stadium T-5.  Generates $8,350/mo with all units rented.  2 units have vacated this past week and will go on market within the next week.  Long term tenants in other units.  Location is exceptional right across from the stadium with a totally open area to the West, no neighbors on that side.  All units are the same sized 1/1 each with their own backyard and their own parking space.

Property location

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1346 NW 6th St, Miami, FL 33125

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Facts & features

Interior

Bathrooms
0
Living area
2,888 sq ft
Flooring
Tile
Cooling
Wall Window Units
Heating
None

Exterior & Structure

Property type
Quadruplex
Year built
1948
Architectural style
Fourplex
Roof
Shingle
Construction
CBSConcrete Block Structure, Block
Pool
None

Parking

Covered spaces
0

HOA, Community & Financials

Annual tax
$17,965
Subdivision
LAWRENCE ESTATE LAND CO
County
Miami-Dade
Days on market
303
MLS listing ID
A11864674
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$522

Cap rate
5.2%
Net yield
5.2%
Cash-on-cash return
-1.7%
Gross yield
8.1%
Mortgage payment
$6,163/mo
Down payment
$325,000
Loan amount
$975,000
Annual NOI
$67,683

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.