House in Miami, Florida 4 bedrooms, 137.87 sq.m. № 2086446

Property description

?? DO NOT DISTURB TENANTS. Tenant-occupied property with no interior access available. Property consists of a 3-bedroom, 1-bath main house plus a full 1-bedroom, 1-bath unit. The 1/1 unit will require legalization and permitting. Buyer to assume any open permits, code violations, or compliance requirements associated with the property. Current rental income is approximately $3,650 per month. Property is being sold AS-IS. Excellent value-add opportunity with potential to walk into approximately $150,000–$200,000 in equity based on neighborhood comparable sales and completion of required permitting. Cash or investor-friendly financing preferred. No access. Do not walk the property or disturb occupants. Buyer to assume paying tenants currently generating approximately $3,650/month. 3/1 main house plus full 1/1 unit to be legalized and permitted by buyer. Buyer to assume any open permits and/or violations. Potential for $150K–$200K equity position. Sold AS-IS. Proof of funds required with all offers.