Costantini VIP Realty

Serving the Miami-Dade, Broward and Palm Beach Counties

 

Property Description

This is the deal your investors are looking for. Incredible cash flow opportunity. A/C, Roof, & Appliances were replaced in 2019. This single family house is subdivided into 4 dwellings, with a total monthly income of $4,180 per month. Expenses are: $500 per month for Electricity + water, & around $350 per month for taxes. 8.6%+ Cap Rate! The property has an illegal addition in the back which is in the process of legalizing, but if new buyers want, they can assume to legalize or demolish themselves. 4 rents, 4 families, one property! 10 % + CAP RATE. SEE BROKER REMARKS

Features
: Central
: Central Air
: Fence
: Microwave, Electric Range, Refrigerator, Dishwasher, Washer, Self Cleaning Oven, Water Purifier
: Tile
0
: First Floor Entry, Other
: Less Than 1/4 Acre Lot
: Driveway
: Shingle
: At Least 1 Bedroom Ground Level
: Other
: Public Sewer
Address Details
FL
Miami-Dade County
Miami
33142
3111 NW 59th St
HIALEAH HEIGHTS
0
Southeast
Other
: One Story, Attached
2
: Cbs Construction
12
Lorah Park
Miami Springs
: All Cash, Conventional, Other Terms
Miami Springs
1
: R30-no Pool/no Water, House
$4,307
2021
: Municipal Water
5700

Residential For Sale

HIALEAH HEIGHTS

3111 NW 59th St, Miami, Florida 33142

4 Bedrooms
1 Bathrooms
1,612 Sqft
$420,000
Listing ID #A11248747
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : A11248747
Price : $420,000
Bedrooms : 4
Bathrooms : 1
Square Footage : 1,612 Sqft
Year Built : 1938
Lot Area : 5,160 Sqft
Bathrooms Total : 1
Building Area : 1,692 Sqft
Status : Active
Property SubType : Single Family Residence
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