$348,000
$359,900
3.3%For more information regarding the value of a property, please contact us for a free consultation.
1560 NW 25th Ave Miami, FL 33125
2,117 SqFt
Key Details
Sold Price $348,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,117 sqft
Price per Sqft $164
Subdivision Musa Isle
MLS Listing ID A10039605
Sold Date 05/10/16
Construction Status Unknown
HOA Y/N No
Year Built 1925
Annual Tax Amount $5,972
Tax Year 2015
Contingent No Contingencies
Property Description
Just Reduced! 8% CAP RATE - 14% Cash on Cash Return. Excellent income producing property in an up-and-coming location. It is hard to find returns like this today. Do not miss out on this opportunity. Property has recently been renovated with new kitchen and bathrooms, and new subterranean plumbing lines. This is a turnkey, cash cow, ready to be owned and operated by an ambitious investor. PLEASE DO NOT DISTURB TENANTS. LISTING AGENT IS OWNER AND WILL ARRANGE SHOWINGS.
Location
State FL
County Miami-dade County
Community Musa Isle
Area 31
Interior
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Flooring Tile
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Shingle
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Construction Status Unknown
Others
Tax ID 01-31-34-026-0060
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Rovira Realty