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228 NW 9th Ave
Home61's Closings in
Miami, FL
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.