Six-Unit Multifamily Apartment Building with Highly Favorable T6-8-O Zoning, Offering Endless Possibilities for Maximizing ROI. Property is Extremely Well Maintained and Up to Date. Great location in Little Havana with High Rental Demand. Upside Potential to

120 SOUTH WEST 20TH AVE, Miami

$1,600,000 USD
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Address120 SOUTH WEST 20TH AVE, Miami
Type of PropertyIncome / MultiFamily
Type of BusinessApartments
Price$1,600,000
Property StatusActive
MLS NumberA11879303
Property Size5940
Lot Size5940
Year Built1941
Folio Number01-41-03-014-2970
Zoning Information6100
Days on Market8

Detailed Description: Six-Unit Multifamily Apartment Building with Highly Favorable T6-8-O Zoning, Offering Endless Possibilities for Maximizing ROI. Property is Extremely Well Maintained and Up to Date. Great location in Little Havana with High Rental Demand. Upside Potential to Increase Income with added Parking, RUBS, and Coin Laundry. New Roof and Hurricane Impact Windows were done between 2021-2023 along with full unit-Renovations. 40yr Recertification with all New Electrical Panels and Meters were done in 2022. Potential Seller Financing.

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33135
Address120 SOUTH WEST 20TH AVE
Zip Code (4 Digits)1692
Financial Information
Price$1,600,000
Price per Foot$0
Folio Number01-41-03-014-2970
Tax Amount$12,893
Tax Year2024
Possession InformationFunding
Full Descriptions
Detailed DescriptionSix-Unit Multifamily Apartment Building with Highly Favorable T6-8-O Zoning, Offering Endless Possibilities for Maximizing ROI. Property is Extremely Well Maintained and Up to Date. Great location in Little Havana with High Rental Demand. Upside Potential to Increase Income with added Parking, RUBS, and Coin Laundry. New Roof and Hurricane Impact Windows were done between 2021-2023 along with full unit-Renovations. 40yr Recertification with all New Electrical Panels and Meters were done in 2022. Potential Seller Financing.
How to ReachFrom SW 1st Street turn South on SW 20th Ave and the building is on you right.
Property parameters
Living Area5940
Lot Size5940
Total Acreage0.000
Zoning Information6100
Maximum Leasable Size5940
Year Built1941
Type of PropertyIncome / MultiFamily
Type of BusinessApartments
Construction TypeConcrete Block Construction
Stories Number2
Street DirectionSouth West
Listed withSRJ Group, LLC