Unbelievable find in today's market! CASH COW. 9-unit-building. Current cap rate is 10.42%! ALL units are renovated. 8 units are fully furnished and equipped. Roof was redone in 2018 with a 10y warranty. Highly desirable area for both short and long term rentals. This property is perfect for investors who want to make cash on day 1. There are (8) 1x1s and (1) 2x2. The (8) 1x1s are currently used as short terms rentals. The (1) 2x2 is currently rented out (month to month). Excellent income producing property: Bring your best offer on the table! 40 year electrical and structural inspections successfully passed. 1x1s are 550 sq ft and 2x2 is 750 sq ft.
Courtesy of: La Rosa Realty LLC MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. Updated: 16th May, 2022 5:10 AM (UTC)
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