6441 SW 22 ST MIRAMAR, FL. 33023

$264,000 5 bd, 4 ba, 2,048 sqft

Great Investment Opportunity Already Income in 6441 SW 22 ST MIRAMAR is generating. Four units with full kitchens and living/dining room. Almost Turnkey needs very minor touch up work. Tile floors throughout units. Spacious rooms & plenty of light and storage space. Very well maintained. Plenty of parking in front of building. Unit 1- 2/1 occupied month to month tenant paying $1450 Unit 2 -1/1 occupied (will be vacant at closing) this unit will rent for $1000 a month Unit 3- 1/1 occupied month to month tenant paying $825 and unit 4- 1/1 occupied month to month tenant paying $675! Landlord currently pays for Water, Electric, Cable/internet, lawn maintenance, insurance and Taxes. Should have approved separate Water and Electric meters by closing. This will increase your Cap Rate. Property after all expenses is still Netting $ 32K a year making this deal approx 10% Cap with potential 12% with adjustments.

Property Details

Price:
$264,000
Address:
6441 SW 22 ST MIRAMAR, FL. 33023
City:
Miramar
State:
Florida
Zip Code:
33023
Year Built:
1955
Terms:
For Sale
Property Type:
Home
Square Feet:
2,048
Bedrooms:
5
Bathrooms:
4
Lot Size:
5,763 SQFT
Const. Type:
Concrete block

Call (786) 565-8726 for more details

Property Location

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