Miami, FL 33125

$199,999
2
BD
1
BA
650
SqFt

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List Price
$199,999
Days on Market
23
MLS#
A12060854
Year Built
1972
Bedrooms
2
Bathrooms
1
Living Area
650
MLS Area Major
2310

Property Description

Cash machine with long term rental+appreciation growth prospectsHigh demand/rental area due to proximity to Brickell & Downtown Continuously rented to the same long term tenant (over 10 years) Current rent $2000.00 (8.6% net and growing yearly)Unit recently remodeled with new AC and appliances, porcelain flooring and modern outlook.Minimal involvment required, building is well managed by current BOD & an offsite manager.40 year certification was completed in 2024 (next one due in 2034). New roof, exterior lighting, asphalt, cameras and gate. One reserved parking with this unit.Also available unit#2(2/1 next door) unit#11(2/1 2nd floor) & unit#9(1/1, 2nd floor)All units rented to long term tenants with no lapse in rental history.

Additional Information

Taxes
$2,344
Hoa Fee
$373
Interior Features
Main Level Primary
Appliances
Refrigerator
Heating
None
Air Conditioning
Central Air
Exterior Construction
Other
Elementary School
Comstock
Middle School
Brownsville
High School
Miami Jackson

Listing courtesy of Florida Realty of Miami Corp.

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