$485,000
$495,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
2,627 SqFt
SOLD DATE : 07/17/2020
Key Details
Sold Price $485,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,627 sqft
Price per Sqft $184
Subdivision Avocado Park
MLS Listing ID A10877874
Sold Date 07/17/20
Construction Status Resale
HOA Y/N No
Year Built 2006
Annual Tax Amount $6,514
Tax Year 2019
Contingent No Contingencies
Property Description
Large Duplex, 6 Bed/4 Baths. Great for a first time home buyer who is looking to occupy one side and rent out the other side. Amazing Investment Opportunity for an Investor looking to add to their portfolio income. Property is located near all major highways. Each unit is currently rented at $2,410.00 a total of $4,820.00, with room to increase. $520.00 Property Taxes, $260.00 Property Insurance, $150.00 Maintenance (Monthly Expenses $930.00) Net monthly income $3,890.00, NOI $46,680.00 Annually / 9.4% Cap Rate Please DO NOT Disturb Tenants. By Appointment only. Vacant lot next door to property is not for sale.
Location
State FL
County Miami-dade County
Community Avocado Park
Area 31
Interior
Heating Central
Cooling Central Air
Flooring Other, Tile, Vinyl
Exterior
Pool None
Utilities Available Cable Not Available
Waterfront No
Roof Type Shingle
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 30-31-10-025-0540
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Cash
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Bought with MAR NON MLS MEMBER
Miami & South Florida Market Expert, Property Manager, Trusted Professional REALTOR®, Zillow Premier Agent & Real Estate Professional