Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $580,000 - $600,000
• Estimated Rehab: $60,000 - $80,000
• Comparable Rent: $6000
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 230 NW 60th St, Miami, FL 33127 - 4/2 - 1075 sq ft - SOLD @ $586,000 in April 2023 (duplex, rental finishes, 28 DOM, rented $700 (2) per unit)
• Comp 2: 110 NW 58th St, Miami, FL 33127 - 4/2 - 1428 sq ft - SOLD @ $585,000 in March 2023 (duplex, rental finishes, 5 DOM, vacant)
• Comp 3: 5541 NW 1st Ave, Miami, FL 33127 - 4/4 - 2364 sq ft - SOLD @ $660,000 in February 2023 (quadplex, rental finishes, rented $600 (4) per unit, 35 DOM, cash sale
• Rehab Description: This property requires a full renovation with basic rental finishes. For a flip or rental start with modernizing the interior by updating the flooring, kitchen, baths, and fixtures/trim. Apply interior/exterior fresh paint and deep clean. Roof has no visible leaks and Central AC needs to be installed. Finish up with landscaping to boost curb appeal!
• Features: RARE CBS TRIPLEX IN MIAMI!! This property features a 2/1 main house with an attached studio accompanied by 1/1 separate structure in the back. Market rent for the main living quarters is $4,000 plus $1800 for the back unit. VERY FEW ACTIVES in this community with nothing comparable listed below $630,000!! Close on this home with instant equity and a tremendous amount of upside. NO HOA OR RENTAL RESTRICTIONS! Located EAST OF I95 and minutes from Miami Design District, Wynwood, and all things Downtown Miami.
• Important Details: --> Front Unit Rented MTM @ $1200 --> Triplex (2/1 main house w/ attached studio + 1/1 back unit)
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab