Amenities
This list may not be exhaustive
DESCRIPTION
Reduced for a quick sale! possible 9-12% cap!
legal duplex, with separate meters, consisting of two 3/2s, currently rented at below market price of $1800 and $1750. (leases end on november. )
each unit has a separate master unit with its own entrance, which could be rented separately. In that case the rent could be $1600+$1000+$1600+$1000=$5200. If you rent the 1/1s separately, the cash cap becomes 7% and 19% 30 year annualized cap with mortgage. Since you will own the property in 30 years, you should ad the increase of equity, and we call that the "30 year annualized cap". If renting under section 8 their "fair market rent" for miami-dade as of march 1, 2020 for a 3 bedroom is $2121.
Data is provided by Miami Board of Realtors.
Nearby School In Little Havana
Alpha Charter Of Excellence
K-5
0.6 miles
Young Womens Preparatory Academy
6-12
0.7 miles
Citrus Grove Middle School
6-8
0.7 miles
Riverside Elementary Community School
PK-5
0.7 miles
Miami Senior High School
9-12
0.7 miles
Shenandoah Elementary School
PK-5
0.5 miles
Calvary Baptist Church School
PK-1
0.1 miles
Carpe Diem Academia Little Havana
PK-12
0.4 miles
Tamiami United Methodist Daycare & Elementary School
PK-3
0.4 miles
Lincoln-Marti Community Agency 23
3-11
0.7 miles
Lincoln Marti Schools & Day Care Center
PK-2
0.7 miles
Miami Senior Adult Education Center
n/a
0.7 miles
Listed on April 01, 2020 by Laiz Escolar from The Valenzuela Real Estate Group, this apartment is for sale. apartment for sale in Little Havana listed at $499,000, Reference A10838522
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