Commercial property in Miami, Florida 232.81 sq.m. № 2382173

Property description

INCOME PRODUCING MIAMI DUPLEX. CAP RATE 6.98 Excellent opportunity for investors or buyers looking for immediate rental income.This spacious 2,506 SF duplex features two currently rented units generating $5500/month in total rental income. The front unit offers 3 bedrooms and 2 bathrooms and rents for $3000/month. it was remodeled approximately five years ago, including a/c and flat roof. Kitchen and bathrooms plumbing were updated approximately two years ago, the PVC line from the sidewalk to the front unit was replaced, and the unit features an impact front door. The near unit offers 2 bedrooms and 1 bathroom and rents for $2500 month.It was remodeled 2 years ago, and the shingle roof is approximately 15 years. Both uits are currently renting, providing income from day one.