228 NW 9th Ave

Sold
Recommend
Sold

$117,000

0 Bed 0 Bath 1,759 sqft
228 NW 9th Ave South Bay, FL
Sold
Recommend

2126

Home61's Closings in

Miami, FL

Amenities

Air Conditioning
Central Heat
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
N/A
Doorman
N/A
Valet
N/A
Gym
N/A
Impact Windows
N/A

Key features

Living area
1,759 sqft
Maintenance
$ 0
Tax
$2,161 (2018)
Tenant Occupied
No
Parking Space
2
Floor #
0 / 1
Building
SUMMERLINS
On market
1768 days
$ /sqft
$ 74
Type
apartment
Unit
-
Year Built
1962
Zip Code
33493
Ref./MLS ID
A10691420

DESCRIPTION

Want a turn key investment & have nothing to do, but just collect rents from day one? well you found it here.  This property is recently renovated and rented for an astonishing 8.  4% cap rate.  The numbers are real, no nonsense with fictitious numbers.  One tenant has been there for a few years and wishes to remain.  Leases end in 2020 with the tenants wishing to stay.  This duplex screams cash flow from the day an investor buys it.  These numbers also include a management fee of 10%.  Unit is in excellent condition with all of the work taken care of already for the next owner.  Tenants pay electric & water/sewer, while owner pays for lawn maintenance only.  Cash investors only, please.  The cbs/concrete block structure has a shingle roof with is water tight and free of any leaks.  Legal duplex.  


Data is provided by Miami Board of Realtors.

Listed on June 17, 2019 by Michael Aversano from One Key Realty, this apartment is for sale. apartment for sale in South Bay listed at $129,900, Reference A10691420

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The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.