Overview
- 12 Bedrooms
- 12 Bathrooms
- 6,449 ft
- Year Built: 1953
Description
NEW DEAL IN MIAMI BEACH, FL!
✅ STARTING PRICE: $2.799M
✅ ARV: $3.8M
DESCRIPTION:
10 Units, 2 Buildings
Two-2 Bd/ 2 Bth
Two-1 Bd/ 1 Bth
6 Studios
8 Units Are Occupied, 2 Are Vacant
$200k Gross Annual Income w/ 2 Vacant Units and room for improvement
About This Home:
Roof: Original in working condition
Plumbing: Oringinal in working condition
Electrical: Original in working condition
Windows: Single Pane
10 Units
12 Electrical Metors
10 Gas Metors
Each Unit has own electric and gas metor
2 Water Metors for entire property
Tenants dont pay water
Tenants pay electric/gas/internet
Owner Pays:
Water: $700-800/m
Trash: $280/m
External Lights on Property: $180/m
Seller has a liability insurance policy at $5,000 a year
40 year cert June of 2023