18502 23Rd CtMiami Gardens, FL 33056

Property Details for 18502 23Rd Ct

Year built

1960

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 1-story, 4-plex apartment building in Miami Gardens, Florida, presents a compelling investment opportunity. Built in 1960 and located at 18502 NW 23rd Ct, Miami Gardens, FL 33056, this property boasts a strong rental income of $6200 per month. The main unit features three bedrooms and a laundry facility, while the three additional units have been recently updated, featuring modern kitchens and bathrooms designed for tenant appeal. Significant upgrades enhance both efficiency and value, including a new roof, solar panels for reduced energy costs, and water filtration systems to lower utility expenses. Each unit provides residents with the added benefit of a private fenced-in yard, offering privacy and security. This property is situated in the vibrant Miami Gardens real estate market, promising both immediate returns and substantial long-term growth potential. The property is classified as a Multifamily, Apartment Building, Duplex/Triplex/Quadruplex. This is a turnkey investment ready for a new owner. The asking price is $725,000.

Location Insight

City

Miami Gardens

County

Miami-Dade

State

Florida

Latitude

25.943

Longitude

-80.2408

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