House for Sale | MELROSE HEIGHTS 3rd ADDN, Miami FL 33142 Sold

$294,900 7 bd, 3 ba, 2,463 sqft

Description:

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!!

Property Details

Price:
$294,900
Address:
MELROSE HEIGHTS 3rd ADDN, Miami FL 33142
State:
Florida
Zip Code:
33142
Year Built:
1970
Terms:
For Sale
Property Type:
Home
Square Feet:
2,463
Bedrooms:
7
Bathrooms:
3
Lot Size:
6,900
Const. Type:
CBS

Call (786) 565-8726 for more details

Property Location

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