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Multifamily – 6 Units in Miami, FL – Historic Spanish-Style Six-Plex with Renovation Potential

Commercial Sale

Category: Multifamily

Price:$1,650,000

Location: Miami, FL

Year Built: 1930

Days on Market: 39

Description:

Fausto commercial is proud to present Charwin Apartments: a charming old Miami Spanish-style six-plex boasting a diverse mix of units, including two one-bedroom, one-bathroom units and four two-bedroom, one-bathroom units, all featuring generous large living spaces uncommon in the area. With a roof just 5 years old, this property is competitively priced for those looking for a renovation project. Given its age and unique architecture it would also qualify for historic benefits such as tax abatements, credits and grants towards restoration of this highly desirable property. Alternatively, it is on T5-L zoning and can be operated for short-term rental or even utilized with SB102/Live-Local for development.

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Listing Code: 1112590497