Showing posts with label 1005 NW 59 St. Show all posts
Showing posts with label 1005 NW 59 St. Show all posts

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 

📞Call JC @ 954-477-1466 for showing📞