1800 NW 19th St #9

Rarely availabe, this is a clean, well maintained 12 unit building and easily managed. This unit (and all other units) is always rented & never has been vacant since it was purchased 7 years ago. Long term (5 years)renter currently paying $1775.00. Never has defaulted or paid late Tenant has a history of paying 1-2 weeks BEFORE the due date for years , records available Its as passive and clean returns you can get in RE Lease was recently renewed & ends June 30, 2027 No special assessments (building is well funded & managed by the BOD) Updated & remodeled, exactly as pics, new AC & appliances Tub was repainted last year but paint is flaking due to normal wear and tear. One reserved parking and 2 visitor parking inside the building Off street parking is also available just outside the gate. Owner/realtor also has 3 more units (2/1) for sale in the same building. Buy all 4, become president and assume control of the board. Owner/realtor acting as HOA president recently completed the 40 year certification in Feb 2024. In this period, roofing was done, building painted. cameras installed, sensor controlled LED outdoor lighting new asphalt and many other improvements. BOD is actively managing and making improvements. No reserve/minimum reserves but HOA is well funded and will soon be making a contribution to the reserve account and get it up to speed.Monthly dues for this unit is $350.92 Property taxes $2023 Do the math and send a clean offer

Property Details

Location

Legal

MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.

Provided By
Listed by Sanjay Agnani (#3530175)
Listing Office: Florida Realty of Miami Corp (#FROM01)