$390,000
$390,000
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1,815 SqFt
SOLD DATE : 02/14/2022
Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,815 sqft
Price per Sqft $214
Subdivision The Tropics Amd
MLS Listing ID A11082325
Sold Date 02/14/22
Construction Status Resale
HOA Y/N No
Year Built 1963
Annual Tax Amount $4,209
Tax Year 2020
Contingent No Contingencies
Property Description
Great Investment opportunity, Home located in the West Little River area, with a total of 5 bedrooms and 3 bathrooms. Home is larger than tax roll. Non-Conforming Triplex 3-Units, with strong rental income to offer an investor immediate cash flow from day 1. (currently tenants in place, month-to-month generating over $3,500/month.) $42,000/year in rental income, offering an attractive Cap Rate in the current market. CASH Buyers! Property offers a in-law Efficiency/studio. Property was recently upgraded and includes: New Roof, New Central A/C, New Kitchen, and New Bathrooms. Home is larger than Tax Roll. Centrally Located in Miami. High Rental Demand in the area as well. Not subject to Appraisal, Property Inspection Report available upon request. Property has 1 meter, not separately metered
Location
State FL
County Miami-dade County
Community The Tropics Amd
Area 31
Interior
Heating Central
Cooling Central Air
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Shingle
Total Parking Spaces 5
Building
Lot Description < 1/4 Acre
Story 1
Sewer Septic Tank
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 30-31-04-003-7613
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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