1829 NW 2 Court,. MIAMI, FL 33136 Available

  • $1.73 Mil
  • 16 beds
  • 16 baths
  • 6,500 sqft

1829 NW 2 Court,. MIAMI, FL 33136

16 Unit Building
Price $1.73 Mil

Property Class: Legal Multifamily
Bedrooms: 16 ( All are 1/1’s )
Bathrooms: 16
Adjusted Area : 6,500 Sq. Ft
Lot Size: 7,500 Sq. Ft
Year Built: 1942
Property 100% Occupied.

Off Market 16 Units all 1/1’s
Property needs TLC – CBS
Should be Clean and Clear title, no issues at all.
All tenants have been there for a long time, all month to month.
Has a property manager in place, lives at the property.
( See Breakdown )

Units 16 ( 1/1s)
Legal 16 Units
Average rents $520.00 – $540.00 ( Totally Under rented )
Month to month tenants – No Leases.
Tenant pays electricity and water
Tenant pays for issues in the property
Has separate electricity meter and water meters.
Owner takes care of the refrigerators and stoves

Owner pays about $200 per month for Trash.
Roof was replaced within the last 5 years
Property manager lives at the property and gets a month free rent for his job.

Clean and Clear
40 Year Cert – passed.
Electrical was done and renewed.
Plumbing was fixed in 2015
Roof was replaced in 2015
No Open permits.

Expenses,
Insurance: $2,058.91 + is about to increase
Taxes: $9,900.29
Trash Collection: $2,400 ( $200.00 Per Month )
Total Expenses $14,359.00

Available on 07.05.2020

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Price:
$1.73 Mil
Address:
1829 NW 2 Court,.
MIAMI, , Florida 33136
Square Feet:
6,500
Lot Size:
7,500 Sq. Ft
Bedrooms:
16
Bathrooms:
16
Terms:
Assignment of Contract
Property Type:
Multi-family
Year Built:
1942

Additional Features

1829 NW 2 Court,. MIAMI, FL 33136, Amazing opportunity to own this home in a very desired location. Great investment Property is on an over-sized lot, larger than other properties close by. Don't miss out on the endless possibilities that this home has to offer.

Call (954) 280-5883 for more details

Property Location