Property Description

Rare ability to acquire a fully stabilized multifamily asset with separate onsite commercial laundry facility in the rapidly growing market of Little Havana. The property consists of two structures; a four unit CBS front building and a fully rebuilt four unit building in the rear. 6 Two Beds and 2 One beds all on annual leases plus a very profitable onsite commercial laundry facility. All 6 units are leased from between $2000-$4000 per/month (approximately $15,000-$18,000 per month rental income). Laundry has a separate business license servicing the building & neighboring buildings with 13 machines producing an additional cash flow of $3500-$6500/month. All machines are owned and conveyed with the sale.