This 24 unit building has Housing Assistance Payments Programme from HUD as well as a 40 year recertification. No need to worry about non-paying tenants! This is a great investment for any buyer. The building has separate electric meters and an elevator.
The property is located in Little Havana, a rapidly growing community near Downtown Miami and Brickell Avenue. It was built in 1925 and totals 13,110 square feet.
Purchase Price: $1,220,000
RENTAL INCOME: $188,640 per annum
TOTAL OUTGOINGS: $43,806
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