Off market Single Family Home 6174 SW 64 Ter, Miami, Fl 33143
This is an SFH with 4 beds and 2 baths, sits on a big lot of 10,686 SqF, the property needs to be remodeled to see the profit and convert it into a 5/5. This is a diamond in the rough, very close to University of Miami. This is a very hot lead because it can generate a great cap rate up to $5000/m, you can potentially rent the bedrooms as all the properties in the area have been used for and get separate incomes or a full lease. 2 bedrooms have the potential to be converted into efficiency as they have a separate entrance, so income can be higher. Comps are very solid and this is a very upcoming area. There are unlimited options with this amazing opportunity in one of the most demanded areas in South Miami. Budget for Remodel: $110,000 Projected Sale Price after remodel: $720,000 2,000 SqF (approx) x $360.00 . Call for all the info.