Duplex for Sale | 600 NW 116 Ter, Miami. FL. 33168 Pending

$289,900 3 bd, 2 ba, 1,036 sqft

Pending

289,900

FOR SALE

3

1

Renovated DUPLEX – 8,6% Cap Rate 600 NW 116 Ter, Miami. FL. 33168

Description:

Completely renovated duplex in Miami. This property has a 2B/1B and1B/1B. One unit is rented for $1.300, and other is in the market for $1.200 for a total income amount of $2.500 every month. Maintenance costs are very low. Monthly expenses: Electricity: No bill (separate meters), Trash & Water: $200/year, Insurance: $1.680/year, Taxes: $2.904/year (current). Property has no violations and title free and clear. Seller is willing to accept financing offers with no inspection period.
Total annual Income: $30.000
Total anual Expenses: $4.784
NOI: $25.216
ROI: 8,6%
Huge potential. There is still room to increase the rentals! Call for appt and please do not disturb the tenants.

Property Details

Price:
$289,900
Address:
600 NW 116 Ter, Miami. FL. 33168
City:
Miami
State:
Florida
Zip Code:
33168
Year Built:
1972
Terms:
For Sale
Property Type:
Duplex
Square Feet:
1,036
Bedrooms:
3
Bathrooms:
2
Lot Size:
6,257
Const. Type:
CBS

Call (786) 565-8726 for more details

Property Location

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