2369 SW 17th Ter, Miami FL 33145

About this quadruplex

Fully renovated fourplex at 2369 SW 17th Terrace, Miami, FL 33145, generating approximately $10,000 per month in gross rental income, plus additional revenue from on-site laundry. This turnkey property features extensive upgrades and a central location near Coral Gables, Brickell, Downtown Miami, major highways, shopping, and dining. Potential financing options available through a lender for qualified buyers: as little as 5% down for a primary residence purchase or 15% down for an investment purchase, with no PMI on the investment option, subject to lender approval, borrower qualifications, property eligibility, and loan program terms. Closing costs and reserves may be additional. A proposed addition, with permits currently in process with the City, offers the potential to generate an additional $2,500 per month, bringing projected gross rental income to approximately $12,500 per month, plus laundry revenue, upon approval, completion, and leasing. Actual future income is not guaranteed. An excellent opportunity for buyers seeking an owner-occupied multifamily property or an investment with current rental income and future growth potential in Miami.