This amazing property zoned for multifamily 2-9 units is an absolute bargain opportunity to own a income producing property. This duplex is divided in to 2 separate units:
*Unit 1 2 Beds 1 Bath.
*Unit 2 5 Beds 2 Baths.
The property needs updating, and TLC it has a solid structure, two electric meters and central A/C, it comes with an updated kitchen, updated bathroom besides a recently remodeled terrance.
Centrally located in the heart of Miami.This property has a lot potential over 13% Cap rate. Taxes only $1,733.28 for 2017.
Comps up to $365k and rental average for 2/1 $1,500.
Occupied property, Do not disturb occupants!!
- MELROSE HEIGHTS 3rd ADDN, Miami FL 33142
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