12 UNIT CONDO WITH ELEVATOR!!!AMAZING INVESTMENT OPPORTUNITY!!!LOCATED ONE BLOCK WEST OF BISCAYNE AND 62 STR. BUILT IN 2009.. THIS 4 STORY BUILDING HAS 8--1 BED/1 BATH ( 720 S/FT EACH) AND 4- 2 BED/ 1 1/2 BATH ( 790 S/FT EACH). EVERY UNIT HAS A BALCONY, WASHER AND DRYER HOOK-UP, CENTRAL A/C AND HEAT SYSTEM, SEPARATE WATER METERS AND MORE..EVERY TENANT PAY FOR WATER AND FPL!!! TOTAL INCOME $ 146,400.00
LOCATED IN THE HEART OF THE BOOMING NE MIAMI/BISCAYNE CORRIDOR, THIS UNIQUE & WELL MAINTAINED PROPERTY LENDS ITSELF TO MANY FLEXIBLE USES. CURRENTLY CONFIGURED AS TRIPLEX WITH 2/1, 1/1 & STUDIO. COULD ALSO BE USED AS DUPLEX OR AS VERY LARGE SINGLE FAMILY RESIDENCE. OVER 1/4 ACRE FULLY FENCED LOT WITH SHADE. WALKING DISTANCE TO PHYLISS MILLER "A" RATED SCHOOL. ONE BLOCK EAST OF US 1. CURRENT RENTS ARE SIGNIFICANTLY BELOW MARKET RATE. PLEASE DO NOT DISTURB TENANTS. 24 HOURS NOTICE FOR ALL SHOWINGS.
beautifully remodeled four-plex. front unit is 2/1, the other 3 units are large 1 bedrooms ( 1-2/1 and 3-1/1's). all units are rented with tenants paying $850/mth. each unit has updated kitchens, nice bathrooms. features include: wood floors,new roof & doors, back garden, 4 parking spots, laundry facilities, new landscaping and the building was just painted. cap rate approx 8% !!! easy to show - SEE BROKERS REMARKS TO SHOW. do not disturb the tenants.
****BACK ON THE MARKET!!****AGGRESSIVE SELLER!! Cash Cow! Duplex currently being used as a triplex brings in $1550/month!! This one wont last long! Nothing else like it on the market! Home has been updated & is being sold at a steal! The main larger 2/1 has an efficency attached. DO NOT DISTURB TENANTS!