Basics

Date added Added 1 day ago	Category Duplex	Type Residential Income	Status Active
Area, sq ft 2696 sq ft	Lot size, sq ft 0 sq ft	Year built 1968	SubdivisionName MIAMI GARDENS ESTATES
ListOfficeName EXP Realty LLC	ListAOR Miami Association of REALTORS®	RentIncludes Other Rent Incl	MLS ID A11744821

Description

Description:
This prime investment property features two legal units, each with its own electric meter, sitting on a spacious 7,000 sqft lot. Great location, close to I-95 & 20min to the beach. The main house generates $4,000/month in rent, while the back house brings in $2,100/month and will be remodeled before closing. With a CAP RATE of 8,32%. Ideal for an investor looking to expand their rental portfolio with high returns or for future multifamily development due to the large lot size.

Location

CountyOrParish: Broward County

Building Details

Cooling features: Other
ArchitecturalStyle: Detached, Other
ParkingTotal: 4
NewConstructionYN: No
Building Name: MIAMI GARDENS ESTATES
Exterior material: Other
Roof: Other
Heating: Other

Amenities & Features

Waterfront available: No
GarageYN: No
AttachedGarageYN: No
CoolingYN: Yes
PoolPrivateYN: No
FireplaceYN: No

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This Residential Income style property is located in West Park is currently Duplex and has been listed on Igor Presman Commercial Real Estate. This property is listed at $699,000. It has bedrooms, bathrooms, and is 2696 sq ft. The property was built in 1968 year.