Miami, FL 33150

Miami, , 33150 View full address View full address
Listed at: June 18th, 2024
Price
$955 000
ARV
$0
  • Sq. Footage
    1,863
  • Type
    Multi-Family
  • Parking
  • Year Building
  • Lot size
    0.163 acres / 7,100 sf
  • Bedrooms
    4
  • Bathrooms
    4
  • Half Bathrooms

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Summary

Multi-Family
Only Five-plex available in a 1 mile radius!
1,863 SQFT

Land Use:
MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS
Zoning: 4600/MULTI-FAMILY – 5 STORY & UP
Lot Size: 0.163 acres / 7,100 sf
Living: 1,863 SQFT
2023 taxes: $6,556.98

~ Cash flow opportunity or buy and Flip ~
Located in “North Collage Track” Subdivision
Front Unit #1 – 2bed/1bath (Vacant) (currently under rehab)
Vacant – Previous tenant used to pay $1,100 a month
Independent electric meter
4 units- 1bed/1bath
Unit #2 (Studio) rented out for $1,400 a month – M2M (Section 8)
Unit #3 (Studio) rented out for $1,000 a month – M2M
Unit #4 (Studio) rented out for $1,200 a month – Lease Expires December 31, 2024 and M2M after that.
Unit #5 (Apartment) rented out for $1,350 a month – M2M (Section 8)
Independent electric meters
All all units share 1 water meter 6 meters, one for each unit an 1 for common areas
City sewer
Market Rent: 2/1’s up to $2,250 & Market Rent: 1/1’s up to $1,400

Great for family or investment in a Booming and Innovative area north of Wynwood. Near the Magic City Innovation District, Mid-Town, Design District and the Miami Modern Architecture (MiMo). This area will do nothing but rapidly appreciate in the near future. 4600/MULTI-FAMILY (up to 5-stories high).
Occupied, Please call for Showing and do not Disturb tenants.Terms:
* Cash deal Preferred (Hard money/ Private lenders accepted)
* Buyer pays all closing costs including seller closing costs, you can go to the title company link below and calculate the cost.
* NO INSPECTION PERIODS
* Title agent is https://giannelltitle.com for all our deals. You can have your title agent cc’d in all the emails to review docs but we close with our title agent.
* All deals have a 10% escrow
*Contingent on a CLEAN TITLE!

Wholesale Price: $955,000

 

 

CALL OR TEXT (813) 733-5510
:bangbang:Make an Offer Today Using the Button Above:bangbang:

All feedback is welcome! All reasonable offers will be considered! Need to Sell a Deal? Let’s JV
OFF-MARKET INVENTORY
JOIN OUR BUYERS LIST TODAY

Disclaimer:
House is being sold as-is, and the buyer is to pay all closing costs.
$5,000 Non-Refundable earnest money to be deposited by NOON of the following day or contract will be cancelled. Buyer must close with cash or hard money loan.
The buyer is not relying on any representations, whether written or oral, regarding the properties above. Price based on a cash or hard money offer and is net to seller. Buyers to do their own independent due diligence.
Buyer must do your own due diligence, evaluation and inspection prior to making an offer. Determining value is the buyer’s responsibility. Seller strongly recommends buyers employ an Investment Realtor to help determine value. Any reference to the value of a property by the Seller or any representative of the Seller is an opinion of value. Everyone has a differing opinion on value, cost of construction, materials, quality of workmanship and market speculation. Value is ultimately the buyer’s responsibility and they should be diligent in determining market value.

REALTORS:
If you are currently working with a client, and wish to receive a commission, please note that the wholesale price does not include your commission. You may want to negotiate a commission with your client separate from the wholesale price or you may adjust the wholesale price upwards to include your commission.

WHOLESALERS:
If you’d like to JV on this deal send us a text message, email, or call to let us know you are going to be sharing our deal with your investors.

 

Contact

David Quaranta

Disposition Manager

Questions? Give us a call

0813 733 5510

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