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Residential Income

1519 40th

Miami, FL 33142

ML#:F10211933
List Price:$275,000
Status:Closed
Days on Market:1
Listing Brkr:Park Creek Realty Inc
Subdivision:Cedarhurst
Bedrooms:0
Baths:0
SqFt (Liv):1,959
Lot Size:0 sqft
Year Built:1972
Stories:1

General Information

Type Property:Residential Income
Style:Duplex
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33142
Subdivision:Cedarhurst
Latitude:25.812865
Longitude:-80.222447

Additional Features

Flooring:Terrazzo, Tile
Heating:Central
Cooling:Central Air
Construction:CBS Construction
Waterfront:No

Financial Information

Annual Taxes (2018):$2,696
Days on Market:1

Remarks

9.6% CAP RATE!!! Each unit is 2/1. This is a great investment opportunity with a solid ROI. Remodeled duplex with washer & dryer for each unit, new floors, new central AC in both units. Front unit currently rented for $1,100/mo. month-to-month. Tenant can stay or go with 30 days notice. Market rent is closer to $1,500/$1,600. Close to Jackson Memorial Hospital, Miami International Airport, Midtown.

Listing Agent

Erika Anderson

Park Creek Realty Inc

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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