Recently Renovated Turnkey Investment Fully Occupied Quadplex in Prime Miami LocationWelcome to 35 NE 59th Street, Miami, FL 33137 a rare chance to a quadplex in one of Miami's fast growing neighborhoods. This income producing property offers four spacious 2 bed, 1 bath units, each over 800 sq ft. All units are fully occupied with long term tenants, delivering stable cash flow from day one.Located just two blocks from Toussaint Louverture Elementary and close to public transit, parks, and more. The street benefits from strong police presence, adding peace of mind for tenants and owners.Ideal for investors seeking steady returns and future upside, this turnkey asset is ready to go.
Recently Renovated Turnkey Investment Fully Occupied Quadplex in Prime Miami LocationWelcome to 35 NE 59th Street, Miami, FL 33137 a rare chance to a quadplex in one of Miami's fast growing neighborhoods. This income producing property offers four spacious 2 bed, 1 bath units, each over 800 sq ft. All units are fully occupied with long term tenants, delivering stable cash flow from day one.Located just two blocks from Toussaint Louverture Elementary and close to public transit, parks, and more. The street benefits from strong police presence, adding peace of mind for tenants and owners.Ideal for investors seeking steady returns and future upside, this turnkey asset is ready to go.
Features
Building and Construction
Absolute Longitude: 80.195626
Construction: Concrete
Exterior Features: Fence, Open Balcony
Flooring: Linoleum
Roof: Comp Shingle
Sqft Source: Floor Plan
Sqft Total: 3704.00
Total Building Sqft: 3704.00
Property Information
Property Condition: Resale
Property Group Id: 19990816212116581394000000
Land Information
Lot Description: < 1/4 Acre
Subdivision Information: None
Eco-Communities
Private Pool: No
Storm Protection: None
Waterfront Details: None
Utilities
Carport Spaces: 0.00
Cooling: Wall-Win A/C
Heating: Electric, Window/Wall
Number Of Stories: 2.0
Separate Elec Meters: Yes
Separate Wtr Meters: Yes
Utilities: Cable, Electric, Public Sewer, Public Water
Finance and Tax Information
Home Owners Association poa coa Monthly: 0.00
Homeowners Assoc: None
Income Expenses Annual Net Oper Inc: 8892.04
Income Expenses Annual Total Expense: 84117.21
Income Expenses Gross Operating Inc: 93009.25
Source Of Expenses: Books, Owner
Tax Year: 2024
Rental Information
Tenant Pays: Cable, Electric, Water
Other Features
Avail Info: Accounting, Deposit, Leases, Service Contracts
Country: United States
Housing For Older Persons Act: No Hopa
Legal Desc: 13 53 41 ROCKMOOR VILLA TR PB 4-182 LOT 18 BLK 6 LOT SIZE 50.000 X 102 OR 16342-4166 0494 1
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