Friday, September 15, 2023

1005 NW 59 St, Miami, FL 33127

Only $579,900
(Not on the MLS) 

or

Cheapest Available Per Unit in Sub Division

Triplex

3 Units

2/1 & 1/1 & Studio

Property Use: Use Code: 08 / MULTIFAMILY 2-9 UNITS
Land Use: MULTIFAMILY 2-9 UNITS: MULTIFAMILY 3 OR MORE UNITS (0803)
Zoning: 0104
Frontage: 75 ft Depth: 107 ft

Lot size = 8,025 Sq Ft

Front building Living area: 1,510 SqFt

Studio living: 290 SqFt

2022 taxes: $4,842.72

~ Cash flow opportunity or buy and Flip ~

Located in "HILDAMERE" Subdivision

Front building left unit 1/1:
Rented out for $1,500 on Month-Month
Section 8
The bathroom was replaced about 5 years ago.
Single Hung windows and they were changed 4/5 years ago for all Units
Separate electric meter
A new countertop was installed 3-yrs ago 

Front building right unit 2/1:
Rented out for $1,500 on Month-Month
Big family room 
The bathroom was replaced about 5 years ago.
Single Hung windows and they were changed 4/5 years ago for all Units
Separate electric meter

Studio
Rented out for $1,100 on Month-Month
Single Hung windows and they were changed 4/5 years ago for all Units
Separate electric meter

Owner expenses:
Pays water - $200 every 90 days
$70/Month for the yeard work
Property Insurance? 3k/Yearly

City sewer, all units have tile and wood floors, The roofs are 10 years old for both buildings.

Local rents for 1/1 can go for $1,690

Local rents for 2/1 can rent up to $2,500

Local rents for a studio can rent up to $1,450

Great Investment opportunity to own corner lot Investment 3 unit property. There is 2 separate buildings building one consists of 2 bedroom 1 bath and a 1 bedroom 1 bath. The 2nd building is an efficiency. Very clean units that have long-term tenants. DO NOT Disturb TENANTS!!!

Mins from the beach and I-95 

šŸ“žCall JC @ 954-477-1466 for showingšŸ“ž


Main House 2/1





















Unit 2 - 1/1

















Efficiency