Miami, FL 33130
Property Type
Quadruplex
Central AC
Yes
Year Built
1975
Home Style
Fourplex
Listing courtesy of Richard Collar of Pellego, LLC.
Alerio Group is proud to exclusively present 329 SW 9th ST Street, a boutique 4-unit multifamily property located in the heart of Little Havana. This meticulously maintained asset features four 2-bedroom, 1-bath units, currently rented at $2,250 x 2 and 2x @ $2275, delivering high in-place income at a 5.5% CAP rate with upside potential. The property has undergone extensive upgrades both inside and out. All of the unit interiors have been fully remodeled and include impact windows, a new roof, central air conditioning in all units, six on-site parking spaces, new asphalt paving, a new fence including dumpster enclosure, and new railings. All work was done with permits. Additional income is generated through on-site coin-operated laundry (1 new washer / 1 dryer). Designed for ease of ownership, this low-maintenance building is simple to manage and offers the ability to further increase rents. All tenants are secured with annual leases except one MTM lease. Located in one of the strongest rental markets in the country, this Little Havana multifamily asset offers durable cash flow, inflation resistance, and long-term appreciation potential. This offering will not last.
Miami
A11959419
3,380 Sqft
Miami
Quadruplex
1975
Common Area
Fourplex
Block
2
Two
1975
3900
Miami
florida
Fenced
Yes - Central Air, Electric
Laminate, Vinyl
Yes - Central, Electric
Public
Total$7,574.80/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
| Address | Size | Sold For |
|---|---|---|
| 11117 Sw 113th Pl 0Miami | 3 BR / 2 BA | $260,000 |
| 3 Grove Isle Dr #C901 #C901Miami | 3 BR / 2.5 BA | $1,525,000 |
| 1581 Brickell Ave #1002 #1002Miami | 2 BR / 2 BA | $780,000 |
| 901 Brickell Key Bl #3606 #3606Miami | 3 BR / 2.5 BA | $1,375,000 |
| 3470 E Coast Av #H1214 #H1214Miami | 2 BR / 2.5 BA | $430,000 |
Closed sales recorded by Brown Harris Stevens agents.

Miami, FL, is known for its vibrant outdoor lifestyle, beautiful beaches and unique dining experiences.
Information is deemed reliable but is not guaranteed and should be independently verified.