Detached duplex featuring 2 separate houses on 1 lot. Property will only be shown after an offer has been accepted,duplex has been renovated,numbers talks open the attachment. The front unit is currently rented for $2,700 per month through Section 8; however, it is functionally a 2-bedroom plus den, 1-bathroom.… Read More The rear unit has a projected rental income of $3,000 per month, both unit have aproximately a NET annual income of approximately $50k. The property is being sold AS-IS.The second unit features 3 bedrooms and 2 bathrooms. It is currently rented on a short-term basis and includes brand-new appliances and a new A/C system. This unit has the potential to be rented on an annual lease for approximately $3,000 per month. The owner currently pays utilities for the rear unit, while the tenant covers utilities for the front unit. Attachments are available, including the last six months of short-term rental income, as well as water and sewer bills.Ideally located just minutes from the airport, beaches, and major attractions such as Wynwood, Design District, Midtown, and Brickell. Zoned T5-R, this duplex represents a rare opportunity in today’s market, offering an estimated ROI of 8% to10%.Please do not contact or disturb the tenants. Kindly allow 24 to 48 hours notice for showings. Read Less
Courtesy of The Keyes Company 305-931-8920
Listing Snapshot
Days Online
161
Last Updated
Property Type
Duplex
Square Ft.
1,679
Year Built
1937
MLS Number
A11876984
Additional Details
Building
Built in 1937, Living area: 1679, Construction materials: CBS, Toal building area: 1907, 2 total units
Cooling
Central Air
Floors
Ceramic Tile
Heating
Separate Meters, Central
Home Owner's Association
Association fee frequency: Monthly
Property
Zoning: 5700
Sewer
Public Sewer
Taxes
Annual amount: $6,439
Utilities
Circuit Breakers, Cable Available
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