6028 Nw 1st Ave, Miami, Florida |
 |
$328,000
Beds Baths
6028 NW 1st Ave |
            
|
| REMARKS: Duplex built in 2005 producing a solid Cap Rate of 8.65 %. Great location just 3 blocks of the new Magic City development and close to design district, downtown, groceries, shopping and transportation. Both units are rented to a good Section 8 tenants with leases till June 2019 and December 2018 paying $ 1600 and $ 1300 respectively. There will be room to increase rents at the renewal of the leases. Tenants pay for all utilities. Landlord only pays for Prop. Taxes, Lawn Maintenance and Insurance. There is nothing major like roof, ac, plumbing or electric to do on this Property, only cosmetics improvements that shouldt be done till current tenants leaves. Great Investment and return. CASH ONLY, WILL SHOW WITH AN EXECUTED OFFER ONLY. PLEASE DRIVE BY BUT DO NOT APPROACH OR DISTURB TENANTS AMENITIES: New Construction, Concrete Block Stucco, Licensed Owner, Corporate Owned, Tile Flooring, Central Air Conditioning, Central Heat, Lot Size Is 1/4 Acre Or Less, Wooden Shake, Shingle Roof, Duplex, Public Sewer Service, Tv Cable Available, |
The data relating to real estate for sale on this web site comes in part from the participating Associations of the Southeast Florida Regional Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.