Overview
- 4 Bedrooms
- 2 Bathrooms
- 1,204 ft
- Year Built: 1948
Description
🏡 NEW MIAMI DUPLEX DEAL! 🏡
✨ Property Highlights:
2 Units: Each 2 Bed / 1 Bath
📐 Total Livable Area: 1,204 sqft
🌳 Lot Size: 5,359 sqft
🏠 Year Built: 1949 (Block Construction)
💰 Market Rents: $4,700/month ($2,350 each for 2/1 units)
💲 Asking Price: $400,000
🔑 EMD: $10,000
Notes:
A new roof and fresh paint would enhance value
Separate electric meters for each unit
LEGAL Duplex with 2/1 & 2/1 CBS Structure
Prime location: 20 minutes to the beach, 5 minutes to I-95
Month-to-month leases: One tenant ready to move out or can stay depending on new rent rate, other tenant TBD
🚀 Why Invest?
High Rental Income Potential: Generate $4,700/month
Prime Location: Close to the beach and major highways
Value-Add Opportunity: Simple improvements to increase property value and rent