MUST SELL FAST (MULTI FAMILY HOMES IN MIAMI)

MUST SELL FAST (MULTI FAMILY HOMES IN MIAMI)

Address: 3 NE 75th Street Miami, FL 33138 (triplex)
Asking ONLY $114,995k
FMV $ $200,000k
5 bed, 3 bath in upcoming area in Miami

Built 1935
Approx Sqft: 1,875
Lot Size: 7,187 sq ft
3 Bed / 1 Bath (Currently Rented month to month at: $815/month)
1 Bed / 1 Bath (Currently Rented month to month at: $575/month)
1 Bed / 1 Bath (Currently Rented month to month at: $500/month)

Monthly Tax: $212
Monthly Insurance : $250
Monthly Maintenance: $50
Monthly CASH FLOW after expenses : $1378
Annual Income $16,536 with 15% cap rate

Comps Sold
7521 NW 1 AVE Sold on 6/2013 for $163,000
559 NE 62 ST Sold on 8/2013 for $200,000
431 NE 70th Street Sold on 2/2013 for $230,000

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Address: 7544 NE 1st Ave Miami, FL 33138 (triplex)
Asking ONLY $109,995k
FMV $ $200,000k
6 bed, 3 bath in upcoming area in Miami

Built 1940
Approx Sqft: 903
Lot Size: 7,187 sq ft
3 Bed / 1 Bath (Currently Rented at: $650/month)
2 Bed / 1 Bath (Currently Rented at: $700/month)
1 Bed / 1 Bath (Currently Rented at: $600/month)

Monthly Tax: $167
Monthly Insurance : $250
Monthly Maintenance: $250
Monthly CASH FLOW after expenses : $1,283
Annual Income $15,396 with 15% cap rate

Comps Sold
7521 NW 1 AVE Sold on 6/2013 for $163,000
559 NE 62 ST Sold on 8/2013 for $200,000
431 NE 70th Street Sold on 2/2013 for $230,000

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Address: 7541 NE 1st ct Miami, FL 33138 (duplex)
Asking ONLY $84,995k
FMV $ $150,000k
4 bed, 2 bath in upcoming area in Miami

Built 1930
Approx Sqft: 1,875
Lot Size: 7,501 sq ft
3 Bed/ 1 Bath (Currently Rented at: $600/month)
1 Bed / 1 Bath (Currently Rented at: $600/month)

Monthly Tax: $159
Monthly Insurance : $208
Monthly Maintenance: electricity + water paid by tenants
Monthly CASH FLOW after expenses : $833
Annual Income $9,996 with 15% cap rate

Comps Sold

94 NW 69 St Sold on 3/2013 for $137,000
521 NW 1st Ave Sold on 6/2013 for $163,000
511 NE 62nd St Sold on 5/2013 for $140,000

There is no repairs needed in each of these properties and the tenants are happy with everything.

I have lots of photos available upon request

Don't miss this great opportunity PM me now!

__________________

TC
Miami Florida

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