Attention investors! This fully occupied triplex is situated on a 7,500 sq ft. lot and currently generates $4,800/month in rental income, with two units rented at $1,900/month and one at $1,000/month—offering immediate, stable cash flow from day one.
The property is livable and fully rented, but would benefit from repairs and aesthetic upgrades, making it a great value-add opportunity. The lot is currently being used to work on multiple vehicles, which could be cleared to improve curb appeal or expand parking.
There is one electrical and one water meter, with shared utility costs between tenants.
Property is sold as-is. Do not disturb tenants. Drive-by only. Showings available by appointment. Serious inquiries only. Tenant occupied, we need 24 hours in advance to book showings.
2,119 Sq Ft
Investment
$10,320 Annual Tax
Built in 1949
MLS/Listing ID A11790039
WEST BISCAYNE
1 Stories
3 Units
Style - Attached
Cooling - Central Air
Tile
Shingle
Listing Courtesy of PROPERTYDECO, IVONNE MARTINEZ - 305-297-4999
Source of Data: MIAMI ASSOCIATION OF REALTORS