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12322 NE 6th Ave
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Sold
35
Home61's Closings in
Miami Shores
Amenities
Key features
Living area
N/A
Lot size
N/A
Tax
$ 8,041
$ /sqft
-
Tenant Occupied
No
Parking Space
0
Building
-
On market
1300 days
$ /sqft
-
Type
other
Year Built
1951
Unit
-
Zip Code
33161
Ref./MLS ID
A10935629
DESCRIPTION
Super opportunity: 2 retail stores and 4 apartments 1bed/1bath. Price to sell $779,000 all offers will be consider. All rents are below market value:
income:
store immigration $900. 00 / month to month
store beauty salon $950. 00 /month to month
apartment 1bed/1bath = $775. 00/mm
apartment 1bed/1bath = $725. 00/mm
apartment 1bed/1bath = $725. 00/mm
apartment 1bed/1bath = $700. 00/mm
total monthly income = $4,775. 00/month
total yearly income = $57,300. 00/year
expenses:
insurance $1,800. 00
waste & water = $4,800. 00
property taxes = $7,960. 75
total expenses = $14,560. 75
net operating income = $42,739. 25
price to sell = $779,000. 00
cap return = 5. 49%. All rents are very low and below market value
potential cap return 9. 50%
40 years recertification done
Data is provided by Miami Board of Realtors.
Public transportation
NE 6 Av & NE 123 St
16
1 mins
NE 6 Av & NE 124 St
16
19
9
1 mins
NE 6 Av & NE 125 St
16
19
9
1 mins
NE 125 St & NE 6 Av
10
G
1 mins
Nearby School In Miami Shores
Data Provided by greatschools.org
Neighborhood
Miami Shores
- Miami Shores
Listed on October 01, 2020 by David Heinrich from The Keyes Company, this other is for sale. other for sale in Miami Shores listed at $779,000, Reference A10935629
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
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.
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
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.