Miami, FL 33142,1725 NW 44th St
Miami, FL 33142,1725 NW 44th St
Miami, FL 33142,1725 NW 44th St
Miami, FL 33142,1725 NW 44th St
Miami, FL 33142,1725 NW 44th St
Miami, FL 33142,1725 NW 44th St
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$359,995

$349,900

2.9%
Est.Price: ?

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Est. payment /mo

1,514 SqFt


SOLD DATE : 05/14/2021

Key Details

Sold Price $359,995

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,514 sqft

Price per Sqft $237

Subdivision 17Th Ave Manor 2Nd Addn

MLS Listing ID A11017715

Sold Date 05/14/21

Construction Status Resale

HOA Y/N No

Year Built 1924

Annual Tax Amount $3,074

Tax Year 2020

Contingent 3rd Party Approval

Property Description

Excellent income-producing opportunity, priced to sell! 100% occupied with tenants who have been there over 10 yrs. Front is rented Section 8 as a 4/2 & 2/1, but can be separated into a 3/1 and 1/1 providing additional rental income; Rear is private rental; Both units are month-to-month. Current rents are below Payment Standard producing $34,200 in GI but can be adjusted to meet current Payment Standard to produce $59,688 with a potential CAP of 15.69%! SEE ATTACHED FINANCIALS. Property has passed all Section 8 inspections. Central A/C units from 2018 & 2020; double electrical meters; tankless water heaters; tile throughout; windows/doors security bars; fenced; both units have their own private entrances and yard spaces. Parking for 3 cars outside/2 inside.

Location

State FL

County Miami-dade County

Community 17Th Ave Manor 2Nd Addn

Area 31

Interior

Heating Central

Cooling Central Air

Flooring Tile

Exterior

Exterior Feature Fence, Lighting, Porch, Patio

Pool None

Utilities Available Cable Available

Roof Type Other

Porch Open, Patio, Porch

Total Parking Spaces 5

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block

Construction Status Resale

Others

Tax ID 01-31-22-047-0311

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing FHA

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Listed by Carrera Consulting Group Inter
Bought with Dream Life Realty
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5425 Golden Gate Pkwy, Naples, FL, 34116, United States

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