Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $550,000/$575,000
• Estimated Rehab: $5,000/$20,000
• Comparable Rent: $4,000
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 1445 NW 16th Ave (Duplex, 1768 sq ft) -- SOLD July 2022 @ $525,000 (Totally outdated) Sold in 3 days!
• Comp 2: 1940 NW 17th St (Duplex, 1168 sq ft) -- SOLD July 2022 @ $472,500 (Clean, outdated, had wall units) Sold in 27 days!
• Comp 3: 1759 NW 18th Ter (Duplex, 1715 sq ft) -- SOLD May 2022 @ $450,000 (Wood Frame, Totally outdated)
• Rehab Description: This property has been recently remodeled, complete w/ new windows, a newer roof, and a newer A/C, and will be a VERY EASY rehab. For a rental, start by repainting interior and exterior, install newer landscaping, maintain the fence, and deep clean throughout. No access was provided to the detached garage and the Seller says its vacant, however, the garage has a separate entrance, a recently installed Mini-Split A/C unit onto the structure, and a separate, fenced off backyard area. Additionally, cars were parked in front of the the unit as well.
• Features: Unbelievable chance to buy a multifamily in the Heart of Miami! Located just 2 blocks away from the Miami River, this Concrete Block income property is a hallmark CASH COW in the making, featuring new windows, newer roof and new ACs! Each unit is rent ready and has recently remodeled kitchens, bathrooms and floors! And as a bonus, this property has a fully legal, detached structure w/ nearly 400 sq ft under air! Walking distance to Citrus Park, Miami Marlins Stadium, and Jackson Memorial Hospital!
• Important Details: M2M Tenants in place @ $2150.00/mo
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab