SoldNov 1, 2019

Listed by Grace Morejon from Area Expert Realty, Corp

Bought with Sherry Lebowitz

Source: MIAMI Association of REALTORS® #A10752744

8125 NW 6th Ave, West Little River, FL, 33150

$415,000

6
2436 sq. ft.

Duplex

11 days on the market

Sold: Nov 1, 2019

What's around 8125 NW 6th Ave

About this property

MULTIFAMILY WITH 4 SEPARATE UNITS. TWO SEPARATE STRUCTURES. FULLY RENTED. FRONT STRUCTURE (SFH) W/ 3/2 SEPARATE FENCED IN PARKING & PRIVATE YARD. ALL RENTALS REMODELED PRIOR TO TNT(S) MOVING IN. ALL UNITS TILED W/NEW KITCHN-CAB & GRNT-TOPS & STAINLESS APPLIANCES. WASHER/DRYER IN SEP LAUNDRY PANTRY. CENTRAL AC. FRONT TENANT(S) PAY THEIR OWN ELECTRIC & WATER. REAR (TRI-PLEX) THREE (3) SEPARATE INCOME UNITS. FULLY RENTED. CURRENT GROSS ANNUAL INCOME $60,780 with ROOM TO INCREASE RENTS TO $82K PER/YR. CAP RATE over 12% AT CURRENT LISTED PRICE. PROFORMA CAP RATE IS UP TO 18% WITH RENTAL MARKET RATE OF 2019. GOOD LONG TERM TENANTS WITH S8 & CITY OF MIAMI S8. PLS *DO NOT DISTURB TENANT(S)*. NON ASSIGNABLE OFFERS ONLY. OFFER SUBMISSION ATTACHED. PLS FOLLOW INSTRUCTIONS.

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