5990 NW 14th Ave Miami, FL 33142 Assigned

  • $554,000
  • 6 beds
  • 6 baths
  • 3,294 sqft
Assigned

5990 NW 14th Ave Miami, FL 33142

Asking $554,000
Property Class: Multifamily
0803 MULTIFAMILY 2-9 UNITS: MULTIFAMILY 3 OR MORE UNITS
Lot Size: 6,190 Sq. Ft
CBS
Taxes $6,362.47 ( 2019 Paid )

Approved plans by request.
Inspection Report Will be Provided.

OFF MARKET !!
Multifamily Building, NO Liens NO Violations, Clean title
Needs a complete rehab. Shows as 3 units in records but as
per Approved plans with Sealed is already approved
For 6 Units. All 1/1’s All with Full Kitchen and full living room etc.
Property needs a Full Rehab, Electrical, floor, windows
Might be fine.

Sale
1540 NW 60th Street – Listing price $999.000 –(8 Units) NOT Rehabbed ( All 1/1’s )
1251 NW 61th Street – Sold Price $500,000 – (4 Units) NOT Rehabbed (All 1/1’s )

Rents Comps ( 1/1’s)
1540 NW 60th Street Unit 6 – Rented Price $950
1120 NW 62nd Street Unit 5 – Rented Price $1,100
5805 NW 7th Street Unit 6 – Rented Price $1,100
5805 NW 7th Street Unit 11 – Rented Price $1,100

Numbers for Property
Purchase Price $550,000
Rehab Cost $175,000 ( $29,000 X Door for Rehab ) – 6 Units
Once access provided due your own Due Diligence.
Total Property Cost $725,000.00

Potential Income
Gross Potential Income a Month $6,600
Gross Potential Income a Year $79,200

Available on 07.01.2020

Don’t let this excellent opportunity pass you by! Get it yours now!

Make An Offer On This Property

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Price:
$554,000
Address:
5990 NW 14th Ave
Miami, , Florida 33142
Square Feet:
3,294
Lot Size:
6,190 Sq. Ft
Bedrooms:
6
Bathrooms:
6
Terms:
Assignment of Contract
Property Type:
Multi-family
Year Built:
1964
Const. Type:
CBS

Additional Features

5990 NW 14th Ave Miami, FL 33142 is a multi family home built in 1964. This property was last sold for $360,000 in 2017. The median sales price for the Model City area is $240,000. This property is a good investment with equity.

Call (954) 280-5883 for more details

Property Location