1800 NW 19th TerraceMiami, FL 33125

Rare opportunity to acquire a high performing income generating 4 plex in the heart of miami s booming allapattah neighborhood strategically located just blocks from the miami health district jackson memorial um this property is a turnkey bunker delivering a massive 12 650 in monthly gross income 150k year the building features two large 3 bedroom 2 bathroom units and two spacious 2 bedroom 1 bathroom units of solid 1979 cbs construction on a generous 7 072 square foot lot what truly sets this asset apart is the unrivaled on site parking 12 dedicated spots provide a 3 1 ratio that is virtually non existent for any multifamily property in the city of miami offering a significant competitive edge for tenant retention and future rent appreciation with t4 r urban centre zone transition zoning the property offers long term development density upside in a supply constrained district fueled by the health district workforce and the expanding wynwood edgewater corridor whether you are looking for a stable 1031 exchange vehicle or a strategic land bank with high yield immediate returns this allapattah gem hits every mark do not disturb tenants