For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $480,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,371 sqft
Price per Sqft $350
Subdivision N. Miami, Biscayne Bay
MLS Listing ID A11283224
Year Built 1959
Annual Tax Amount $1,229
Tax Year 2021
Property Sub-Type Triplex
Property Description
9% CAP RATE POTENTIAL - UNRESTRICTED AIRBNB OPPORTUNITY IN MIAMI-DADE!
Want to live in an income-producing Triplex for free? Fully furnished/turnkey, already operating on vacation rental sites. Units rented 200 days last yr. 2 units are 1 bed/1 bath, other unit is a studio. Additional income includes a coin-operated laundry. Roof redone in 2010 and entirely seal-coated this yr, new A/C this yr, new windows 2003. Very private/fully fenced property with lush landscaping. 2 Storage sheds onsite & ample parking. Just E of Biscayne, 15-minutes to the beach, convenient to grocery, shopping, and restaurants. Please drive by but DO NOT approach building or DISTURB TENANTS without an appointment. PROPERTY IS UNDER CONTRACT WITH FINANCING, HOWEVER, WE'RE LOOKING FOR AN ALL CASH BACK-UP OFFER ONLY!
Location
State FL
County Miami-dade County
Community N. Miami, Biscayne Bay
Area 22
Interior
Heating Central, Wall Furnace
Cooling Central Air, Wall/Window Unit(s)
Flooring Other, Tile, Wood
Exterior
Exterior Feature Lighting, Patio
Pool None
Community Features Laundry Facilities
Utilities Available Cable Available
Roof Type Other
Building
Lot Description < 1/4 Acre
Story 1
Sewer Septic Tank
Structure Type Block,Other,Stucco,Wood Siding
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with First Service Realty ERA