Zoned Duplex ~ 5/1 sqft 900 ~ Rooming House ~ Liberty City duplex currently set up as a rooming house. Already rented and turn key! Has good roof, fenced in yard, central A/C and kitchen with granite countertops. Has a total of 5 tenants and is bringing in $2,500 a month in gross rent. Landlord pays electric & water around $300 monthly. Property tax $150 monthly. Property management in place at 15%. Located in an opportunity zone
Available on 08.06.2020
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1742 NW 67th St. Miami, Florida 33147
Assignment of Contract
1742 NW 67th St. Miami, FL 33147. DUPLEX PROPERTY CURRENTLY SET UP AS FULLY PERFORMING ROOMING HOUSE. TURN KEY INVESTMENT. FENCED YARD, CENTRAL A/C, GRANITE KITCHEN COUNTER TOPS, GOOD ROOF. SOLID TENANTS. 5 ROOM GROSS MONTHLY INCOME $2,500. Landlord pays electric & water around $300 monthly. Property tax $150 monthly. Property management in place 15% , $375 MONTHLY NET $1675 W/ PROPERTY MGMT. MONTHLY NET $2050 W/ OWNER MGMT NOI PROPERTY MGMT $20,100 NOI OWNERS MGMT $24,600 CAP RATE 9% PROPERTY MGMT CAP RATE 11.20 % OWNER MGMT