Fantastic Find! PERFECT FOR OWNER OCCUPIED OR INVESTOR. this Duplex with Huge Income Potential. Both units are spacious, plus an additional 1/1 studio with parking up to 6 cars. Large private Fenced yards. All the units are occupied by long term tenants. OWNER PAY UTILITIES, UNCLUDING WATER. PROJECTED ANNUAL GROSS INCOME Is around $81,000.00. Annual Expenses includes: Taxes $1,430.00; Insurance $6,700.00; Internet $1,080.00; FPL (2 METERS) APROX $4,716.00; WATER BILL $800.00 TOTALING $14,726.00. PROJECTED NOI $66,274.00 POTENTIAL 8% CAP RATE! GREAT RENTAL POTENTIAL. Property is LOCATED MINUTES to Downtown Miami, Wynwood, Miami District Design. Close to Highway I-95, easy access to Palmetto 826.
DAYS ON MARKET
|
11
|
LAST UPDATED
|
5/3/2024
|
TRACT
|
SANTA CLARA SUB
|
YEAR BUILT
|
1935
|
COMMUNITY
|
31
|
COUNTY
|
Miami-Dade
|
STATUS
|
Conditional
|
PROPERTY TYPE(S)
|
Multi Family
|
AIR |
Central Air |
AIR CONDITIONING |
Yes |
AREA |
31 |
BUYER'S BROKERAGE COMPENSATION |
2% |
CONSTRUCTION |
BLOCK, Brick |
EXTERIOR |
Other |
HEAT |
CENTRAL |
LOT |
0 |
POOL DESCRIPTION |
None |
SEWER |
Public Sewer |
STORIES |
1 |
SUBDIVISION |
SANTA CLARA SUB |
TAXES |
1479 |
UTILITIES |
Cable Available |
ZONING |
4801 |
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