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Key Details
Sold Price $695,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,709 sqft
Price per Sqft $406
Subdivision Melrose Heights 3Rd Addn
MLS Listing ID A11408503
Sold Date 01/12/24
HOA Y/N No
Year Built 1938
Annual Tax Amount $3,015
Tax Year 2023
Contingent Pending Inspections
Property Sub-Type Triplex
Property Description
Great Investment opportunity! Corner lot triplex with 2/2, 2 /2, and 2/1. Everything has beee last 5 years: A newer Roof, Updated Electrical, Updated Plumbing, Newer Septic Tank & Drain Field, Newer windows, Newer A/C Wall Units. 2 out of the 3 units are leased and the third is currently owner-occupied. Potential rental income gives a 6.6% CAP RATE!!!!! and potential to get to an 8% CAP. Call us for more information.
Location
State FL
County Miami-dade County
Community Melrose Heights 3Rd Addn
Area 31
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s), Wall/Window Unit(s)
Flooring Tile
Exterior
Exterior Feature Fence, Porch, Storm/Security Shutters
Pool None
Community Features Laundry Facilities
Utilities Available Cable Available
Roof Type Shingle
Porch Wrap Around
Total Parking Spaces 6
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Foundation Slab
Sewer Septic Tank
Water Public
Level or Stories One
Structure Type Frame,Other
Others
Tax ID 30-31-28-011-2750
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Conventional
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Bought with Keller Williams Capital Realty
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