UPDATED:
10/30/2024 08:13 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,621 sqft
Price per Sqft $338
Subdivision Harwood 2Nd Addn To River
MLS Listing ID A11644062
Construction Status Resale
HOA Y/N No
Year Built 1924
Annual Tax Amount $11,388
Tax Year 2023
Property Description
Over 7% return witj a potencial over 8,5%
Fully rented legal triplex in the rapidly growing Little Havana area. The property is in great condition all with separated meters and rented to three families.
The rent is at below-market rates, offering income growth potential.
Plus a 4 studio unit can be added for extra revenue $1500
Situated on a large lot 8000 sqft lot, all three separated units with separate electric meters were upgraded in 2022
It passed its 40-year certification last year, ensuring local regulation compliance.
This is a rare investment opportunity in an area with strong rental demand. Please drive by, but do not disturb tenants. No interior showings without a signed contract.
Location
State FL
County Miami-dade
Community Harwood 2Nd Addn To River
Area 41
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Shingle
Total Parking Spaces 12
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Frame,Stucco
Construction Status Resale
Others
Tax ID 01-41-03-031-0190
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Larry Hering
Realtor/Senior Account Executive | License ID: 3370040
Realtor/Senior Account Executive License ID: 3370040