Turnkey renovated triplex in North Miami currently operating as a successful legal short-term rental with $128,954.20 in annual gross income. The property features three units: a 1BR/1BA with full kitchen, a spacious 2BR/2.5BA, and a 2BR/1BA with compact kitchen. Recently completed a renovation, impact windows and updated plumbing and electrical - the roof is approximately 10 years old. 3 (three) dedicated parking spaces with additional parking available. Excellent location near shopping, dining, and just minutes from Whole Foods Market, Home Depot, Bal Harbor shops and other great amenities.
Ideal for investors seeking an income-producing multifamily opportunity.
Won't last, priced to sell. Offered at $895,000 at a 7.63% cap rate.
1,970 Sq Ft
Investment
$8,369 Annual Tax
Built in 1948
MLS/Listing ID A11971424
BISCAYNE SHORES CORR PLAT
1 Stories
3 Units
Style - Detached
Cooling - Wall/window unit(s)
Impact Glass
Concrete
Flat Roof with Facade Front
High Impact Windows
TOTAL MONTHLY COST
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