💵 Hot Deal – MIAMI Multi-Family – Newer Duplex Construction Sales up to 1.7M 💰

Description

~ Buy and Hold or Flip ~
Located in “Central Park” Subdivision

Unit 2995 (4beds/2baths): Rent is $1950/M2M but because they share Water and Electricity with the Efficiency the Seller gives a $100 rent reduction to compensate, so they Pay $1850/Month.

Unit 2997 (2beds/1bath): Pays $1450/Month – M2M – Pays in Cash

Efficiency $800/Month and is on a Month to Month — Pays in Cash —Does not Pay Water and Electric. Gets electricity and water from Unit 2995.

Key Features 🔑
30 minutes from Miami Beach 🏖️

21 minutes from Miami International Mall 🛒

14 minutes from Miami International Airort ✈️

Property Details 🏠
Rehab Level: Medium

Construction: Block

Electrical Panel: Good Condition

Air Conditioner: Good Condition

Water Heater: Good Condition

Roof: 1999/2000

Occupancy: Rented

Opportunity💰
Local rents up to:
3/2 can rent up to $3,450
2/1 can rent up to $2,700
Efficiency can rent up to $1,200

Comp:
2800 SW 6th St, Miami, FL 33135
Sold for: $1,781,000
Date: 1/9/24