Attention Investors ! Excellent opportunity.


Property

Website:https://www.nestseekers.com/5325477
Address:
Opa Locka, FL 33054
Ownership: For Sale
Type: Unknown

Financials

Price:$699,000
Annual Taxes:$8,143

Description

Attention Investors!Excellent opportunity. Fourplex in good condition.4 units 1/1. Laundry in each unit. large space to park cars.Separate electric and WATER meters..AC in 3 units. This multi-family includes a new roof with warranty, upgrades in several units Great income.Actual cap rate 9,7%. One of the units is SECTION 8, the increase of $1,814 per month is approved. 3 REMODELED UNITS, RECENT APPAISAL 740,000 FHA.The property has Impact windows. The neighborhood already has approved permits for future building developments, making this a strategic acquisition with strong upside potential. This property not only provides immediate rental income,is also positioned in a zone undergoing significant expansion, increasing the value of the land and future rental income potential. NO DISTURB TENANTS

Amenities

  • CableAvailable
  • LessThanQuarterAcre

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Avanti Way Brickell