| 1293 NE 109th St Miami, FL 33161 |
| Listed Date YYYY/MM/DD:2023-05-22 | ID: 1011391295 |
| Price: $1,510,000 | County: Miami-Dade County |
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| Area: 22 | Square Footage: |
| Property Tax: $13,028.00 |
| Sewer Description: Municipal Sewer | Zoning Information:3700 |
| Folio Number: 30-22-32-006-0680 |
| Number of Units: | Year Built: 1946 |
| Number of Parking Spaces:8 |
| Lot Description: Less Than 1/4 Acre Lot |
| Year Built Description: Effective Year Built | Gross Rent Income: $123864 |
| Net Operating Income: $84655 | Number of Stories: 1.0000 |
| Tax Year: 2022 | Tax Information:Tax Reflects No Exemptions |
| Legal Description: 32 52 42 AMD PL BAY RIDGE PB 20-8 LOTS 13 & 14 BLK 5 LOT SIZE 100.000 X 125 OR 18340-1823 1098 1 |
| This is a one-of-a-kind chance to own a completely remodeled property situated on a spacious 12,500 square feet corner lot. The property is a multifamily unit with 7 units, initially 5, all of which are currently rented out, making sure of instant rental income. Each unit is designed with modern kitchens and bathrooms, offering a chic and luxurious living experience. The property includes 8 dedicated parking spaces and a newly paved driveway, as well as hurricane shutters on all windows. It has only 2 electric meters and 1 water meter.
This property boasts a cap rate of 5%, which makes it a great investment opportunity. Additionally, it is managed by professionals, so the owner can rest assured that their investment is in good hands. |
