20 unit multi-family property in Little Havana. The Little Havana area is undergoing a major plan for preservation and revitalization, which will only increase property values over time. This is a high demand rental area, where residential rentals vacancies are currently under 2%, therefore to keep up with the demand, market rents in the area are upward bound. This apartment building is 100% occupied with a waiting list and includes an on-site laundry facility--providing additional income. Rents are below market value, which provides the investor room to increase rents and rental income. The property already passed its 40-year inspection in 2015. The plumbing, electrical system, kitchen and bathrooms were updated on 2011, and a new roof was installed on 2016. Also available as a package with adjacent land for $2,500,000. For additional information contact Mario Frech at 305-608-5190 or Christina