Here in Little Havana lies this exceptional 6 unit multifamily income producing property that was built in 1985.Four units are 2 bedroom 1 bath units, two are 1 bedroom 1 bath, all rents are month-to month. This gives investors the opportunity to increase revenues quickly to market levels. The roof was restored in early 2023, central A/C throughout the building, PVC plumbing, and opportunity to sub-meter to later bill tenants directly for the water. There is ample parking on site for residents and visitors. Multifamily has proven to be a COVID and inflation proof investment, and the area continues to see great rent collections. Centrally located hub of economic activity that is booming and growing from the inflow of residents from other States as they continue to be driven to Miami.
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Each winter during Carnaval Miami, salsa tunes blare and the smell of spicy chorizo fills the air on Calle Ocho, the commercial thoroughfare and heart of Miami's Little Havana. The roaring street festival, which culminates in the world's longest conga line, is the last of 10 events comprising the Latin-spiked Carnaval.
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