642 SW 10th Ave, Miami, FL, 33130
642 SW 10th Ave, Miami, FL, 33130 - Image 2642 SW 10th Ave, Miami, FL, 33130 - Image 3642 SW 10th Ave, Miami, FL, 33130 - Image 4642 SW 10th Ave, Miami, FL, 33130 - Image 5

642 SW 10th Ave, Miami, FL, 33130

12 bedrooms · 7.5 baths · 3,679 sq.ft.

Three townhome-style residences in Little Havana with seller financing available for discussion. Negotiate a rate, payment structure and repayment schedule directly with the owner, potentially securing terms more favorable than lender alternatives. All terms are subject to agreement. Completely remodeled in 2015 per seller information, each residence offers 4 bedrooms, 2.5 bathrooms and a small patio. Unit 1: approximately 1,600 SF, rented at $3,500/month. Unit 2: approximately 1,230 SF, rented at $3,750/month. Unit 3: approximately 1,230 SF, currently vacant. Current scheduled rents total $7,250/month. Pro forma rents of $4,000 for Unit 1 and $3,750 each for Units 2 and 3 total $11,500/month or $138,000/year. Projected rents are assumptions, subject to existing leases and successful lease-up. Near Calle Ocho, enjoy Little Havana's restaurants, cafes, music and cultural destinations, with Brickell and Downtown Miami nearby. Ideal for an owner occupant seeking to live in one residence while renting the others, subject to lease availability, or an investor pursuing rental income and flexible financing. Request the rent roll, lease details and proposed seller-financing terms. Reported unit areas differ from public records and require verification.

Information

Property typeMulti Family
Size3,679 sq.ft.
Year built1947
Stories2
Price per sq.ft.USD 516
Last sold2021-09-09
Last sold priceUSD 1,150,000
CountyMiami-Dade
ZIP code33130
LocationMiami, United States

USD 1,900,000

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Where it's located

Miami, United States

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