Basic Information

  • MLS # A11636209
  • Type Duplex / Quad Plex / Triplex
  • Style Quadruplex
  • Status Active
  • Subdivision/Complex Marldale Sub
  • Year Built 1971
  • Total Sqft 4,520
  • Date Listed 08/06/2024
  • Days on Market 37
Description

This 6-unit apartment building features 2 units with 2 bedrooms and 1 bathroom each, and 4 units with 1 bedroom and 1 bathroom each. Currently, 4 units are occupied, generating a monthly income of 3,650. The rents are significantly below market rates and can conservatively be raised to 1,800 for the 1-bedroom units and 2,000 for the 2-bedroom units, bringing in over 11,200 per month. The projected yearly income is approximately 134,400. The property includes separate electric meters, two balconies, 8 private parking spaces, and has undergone a 4050 year recertification in 2023. Located just minutes from downtown Miami, this building represents an excellent investment in a dynamic area with strong rental demand and a growing population, ensuring long-term appreciation.

Exterior Features

  • Waterfront No
  • Pool No
  • Construction Type Brick, Block
  • Design Description Fourplex
  • Exterior Features Balcony
  • Parking Spaces 0
  • Parking Description
  • Roof Description Concrete

Interior Features

  • Adjusted Sqft 4,520
  • Cooling Description Electric, Wall Window Units
  • Floor Description Terrazzo
  • Heating Description Other
  • Sqft 4,520

Property Features

  • Address 1844 N W19th St
  • Aprox. Lot Size 4,520
  • Architectural Style Fourplex
  • City Miami
  • Construction Materials Brick, Block
  • County Miami-Dade County
  • Furnished Info No
  • Levels Two
  • Listing Terms Cash, Conventional
  • Lot Description Approx14 Acre
  • Lot Features Approx14 Acre
  • Occupant Type CallAgent
  • Pool Features None
  • Possession Close Of Escrow
  • Postal City Miami
  • Public Survey Section Two
  • Public Survey Township 1
  • Roof Concrete
  • Sewer Description Public Sewer
  • Short Sale Regular Sale
  • Stories 2
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Marldale Sub
  • Tax Amount $14,896
  • Tax Information 34 53 41 MARLDALE SUB PB 4-166 LOT 19 LOT SIZE 7004 SQ FT OR 18284-4305 0998 1
  • Tax Year 2023
  • Terms Considered Cash, Conventional
  • Type of Property Quadruplex
  • Window Features Impact Glass
  • Year Built Details Resale

1844 NW 19th St

Miami, FL 33125

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