Basic Information

  • MLS # A11491062
  • Type Duplex
  • Status Closed
  • Subdivision/Complex BISCAYNE COURT
  • Year Built 1965
  • Total Sqft 2,912
  • Date Listed 11/27/2023
  • Days on Market 72
Description

BE A LANDLORD! Legal Duplex in high-demand location, INCOME EARNER with great numbers. Opportunity in emerging Biscayne Court. Within close proximity to public transportation, Wholefoods, Home Depot, Johnson & Wales & Barry University. New Roof 2018. Coin laundry room for extra income. Fully leased with ultra low rents, over 30% rental increase possibilities. Cap Rate 6.65% With current rates and 8.60% Pro-Forma.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Style Duplex

Interior Features

  • Adjusted Sqft 2,912Sq.Ft
  • Cooling Description Central Air, Wall Window Units
  • Floor Description Ceramic Tile
  • Heating Description Central, Wall Furnace
  • Sqft 2,912 Sq.Ft

Property Features

  • Address 1430 NE 118th Ter
  • Aprox. Lot Size 3,024
  • Construction Materials Block
  • Furnished Info no
  • Listing Terms Cash
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info BISCAYNE COURT
  • Tax Amount $9,849
  • Tax Legal desc 32 52 42 BISCAYNE COURT PB 12-8 W40FT LOT 16 & E30FT LOT 17 BLK 4 LOT SIZE 70.000 X 140 OR 15874-3318 0393 1
  • Tax Year 2023
  • Terms Considered Cash
  • Type of Property Duplex

1430 NE 118th Ter

Miami, FL 33161

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