Friday, September 8, 2023

1546 NE 109th St, Miami, FL 33161


Only $559,900 
 (Not on the MLS) 


Duplex

2/1 & 2/1

Property Use:
Use Code: 08 / MULTIFAMILY 2-9 UNITS

Land Use:
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS (0802)

Zoning: 5700/DUPLEXES - GENERAL

Frontage: 50 ft Depth: 125 ft

Lot Size: 0.1435 acres / 6,250 sf

Living: 1,616 Sqft

Built: 1965

2023 taxes: $6,966.07

~ East Miami Multi-Family ~

Located in the highly desirable "Biscayne Lawn" Subdivision

Front unit #1548 - 2/1
Rented out for $1,700 on a month-to-month
Separate electric meters (tenants pay for electricity). 
The kitchen and appliances were updated 5 years ago, with granite countertop and vinyl flooring. 
New central A/C
New floors in 2017

Back unit #1546 - 2/1
Rented out for $1,700 on a month-to-month
Separate electric meters (tenants pay for electricity). 
The kitchen and appliances were updated 5 years ago, with granite countertop and vinyl flooring.
The A/C is 15/10 years old and in very good condition.
New floors in 2017

Local rents for 2/1 rent up to $2,800 a unit.

Additional info about units:
Both Units could use new windows and paint. 
Shared water meter seller pays for water $150 quarterly 
Independent Roofs (5years old)
Washer and Dryer Room in the Center and it's shared for Both Units. Owner Owned.
Septic - It has been repaired and gets cleaned out regularly.
Regular Yard Maintenance is about $90/Month
Seller pays Insurance - $6k/Year for Fire and Windstorm including GARBTRASHTRCRECYCLE
monthly expenses for the owner with water and maintenance? $240 Approx

Great area for Airbnb properties and nightly rate potential!

Tenant Occupied, Please do show up without a scheduled appt!

📞Call JC @ 954-477-1466 for showing📞