Only $569,900
Now $529,900
CLEAN TITLE!!
(Not on the MLS)
or
Cheapest Available Per Unit in Sub Division
Property Use:
Use Code: 08 / MULTIFAMILY 2-9 UNITS
Land Use:
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS (0802)
Zoning: 3901
Lot Size: 0.1607 acres / 7,000 sf
Living: 1,492
2022 taxes: $7,491.24
Build: 1958
Insurance: $1,400 (flood insurance) Annually $1,300 hurricane and or natural disasters
~ Great Cap rate opportunity or buy and Flip ~
Located in "WASHBURNS 2ND ADDN" Subdivision
Unit 1/1:Rented out for $1,200 -Month-to-MonthThe roof was re-done inside and outside in 2018Separate electric (tenants pay)City Sewer
Unit 2/1:Owner occupiedThe roof was re-done inside and outside in 2018Separate electricCity SewerThe owner pays the Water bill for both units
Owner expenses annual expenses:Insurance: $601 (flood insurance) Annually 2022 taxes: $5,517.03
Local rents:Local rent 2/1 rent up to $2,500
Local rents for 1/1 rent up to $2,250
With an increase in rent, this can be a cap rate of 8%,
Agreement with the seller:Seller agrees to credit buyer $4,500.00 (non-refundable) at closing to occupy the property for up to 90 days, post-closing.The seller agrees to an escrow holdback of $5,000.00 to ensure the buyer that the property will be vacant, cleared out offurniture, personal items, trash, etc on or before 90 days, post-closing.Seller agrees if the property is not vacant, cleared out of furniture, personal items, trash, etc. on or before 90 days, post-closing the buyer will be entitled to the $5,000.00 and the funds will be released to the buyer.
located only minutes to Wynwood, Little Havana, Midtown Miami, Downtown Miami, Design District, Edgewater, Airport, and much more. This property is located perfectly for those looking to run Airbnb in the heart of Miami or for those investors looking for long-term renters.Tenant Occupied, Please call for Showing Do Not Disturb tenants.
📞Call JC @
Cheapest Available Per Unit in Sub Division
Property Use:
Use Code: 08 / MULTIFAMILY 2-9 UNITS
Land Use:
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS (0802)
Zoning: 3901
Lot Size: 0.1607 acres / 7,000 sf
Living: 1,492
2022 taxes: $7,491.24
Build: 1958
Insurance:
$1,400 (flood insurance) Annually
$1,300 hurricane and or natural disasters
~ Great Cap rate opportunity or buy and Flip ~
Located in "WASHBURNS 2ND ADDN" Subdivision
Unit 1/1:
Rented out for $1,200 -Month-to-Month
The roof was re-done inside and outside in 2018
Separate electric (tenants pay)
City Sewer
Unit 2/1:
Owner occupied
The roof was re-done inside and outside in 2018
Separate electric
City Sewer
The owner pays the Water bill for both units
Owner expenses annual expenses:
Insurance: $601 (flood insurance) Annually
2022 taxes: $5,517.03
Local rents:
Local rent 2/1 rent up to $2,500
Local rents for 1/1 rent up to $2,250
Local rents for 1/1 rent up to $2,250
With an increase in rent, this can be a cap rate of 8%,
Agreement with the seller:
Seller agrees to credit buyer $4,500.00 (non-refundable) at closing to occupy the property for up to 90 days, post-closing.
The seller agrees to an escrow holdback of $5,000.00 to ensure the buyer that the property will be vacant, cleared out of
furniture, personal items, trash, etc on or before 90 days, post-closing.
Seller agrees if the property is not vacant, cleared out of furniture, personal items, trash, etc. on or before 90 days, post-closing the buyer will be entitled to the $5,000.00 and the funds will be released to the buyer.
located only minutes to Wynwood, Little Havana, Midtown Miami, Downtown Miami, Design District, Edgewater, Airport, and much more. This property is located perfectly for those looking to run Airbnb in the heart of Miami or for those investors looking for long-term renters.
Tenant Occupied, Please call for Showing Do Not Disturb tenants.
📞Call JC @
