OFF MARKET DEAL | 1640 NW 32nd Ave, Miami, FL 33125
This deal offers the best of both worlds. Great Cap rate rental Over 10% and plenty of margin to make it a great rehab property. This is a Unique Single family 4/3 in the heart of Miami, converted into three units getting total of $3,500 rental income.
2/1 rented for $1,500 a month.
1/1 rented for 1,000 a month.
1/1 rented for $1,000 a month.
Property has updated kitchen, bathrooms, and good central A/C. Property is in great condition, very little updating needed. Water and light included in the tenant’s rent. Property has added laundry for additional income. Centrally located in the heart of Miami, right across from the airport, 10 minutes away to Doral, Hialeah, Wynwood, Little Havana, Brickell and much more. Comp down the street sold for $390k. The average rental for 2/1’s up to $1800.