Tuesday, April 26, 2016

Multifamily Project

A multifamily project is a mine of benefits. It is the perfect way to invest in a personal home that can produce a certain income. When buying a multifamily project, either if it’s a duplex, triplex, or quad, you will always have the open possibility of living in one of them and renting the other(s). This would give you a monthly income that could help you pay your bills and offset a part of your mortgage payment. So, as an investment, a multifamily project is a very safe one, especially for first-time buyers.

Also, the American Council for anEnergy-Efficient Economy (ACEEE) is engaged in a project that is dedicated to saving between 15% and 30% of energy in multifamily projects. Regarding water, there’s an estimation of a 6% savings. So, living in one of these properties would be a smart decision. They have lots of economic benefits and offer the perfect means to reunite with your family.

This project over here consists of a main house with three bedrooms and one bathroom, and a separate two-story building with two units, each with two bedrooms and one bathroom. This means: seven bedrooms total! It is a perfect place for a big family that is looking forward to more quality time together.

The main house features many original details. It also has an amazing front yard where your kids can play or where you can organize a get-together with friends or other family members. The house also has a very charming porch with fruit trees.

This family project is located at 4727 NE 1 Ct, Miami, Florida, an area where prices are continuously rising. The main house is currently occupied by owners and its rent price is $3000 a month. As for the two-story units, each can be rented for $1000 a month. If you are looking forward to buying, the whole project has a price of $699,000. A great deal!

This structure has lots of potential and economic benefits. It is well located; very near Biscayne Boulevard, where you can find anything you need: Publix Super Market, Bank of America, CVS Pharmacy, restaurants, and much more. Don’t miss the opportunity of sharing with your family in this beautiful place!


Copyright 2012 Gables Riches. All rights reserved. 1800 SW 1st Avenue. Suite 504. Miami, FL. 33129. Tel (786) 344-4669. Fax (786) 533-3921 info@gablesriches.com