795 Northwest 58th Street Miami FL, 33127
4 Beds / 4 Baths CBS Fourplex.
* Two 1/1 Units
* Two Studio Units.
* Living Area 2,176 / 3224 Sq. Ft. | Lot 8,147 Sq. Ft. | Built in – 1948.
* Great Buy and Hold Opportunity Or Flip Opportunity with Over $200k In Equity!!, 9.2% Cap Rate, $4,300 Potential Rental Income. This is Fourplex Opportunity Located in Great central location. Solid structure, Four electric meters, much potential. Needs Full rehab and TLC. Centrally located right off I-95 minutes away from Downtown, Wynwood, MIA airport, Hialeah, The beach and more. Potential rental income over $4,300 a month in rental income. Non- fully remodeled smaller Fourplex near by sold for $450k.
ARV $500k (at 7.1% Cap Rate).
* Terms of contract must be:
– 10% escrow deposit.
– 0 inspection period.
– Assignable contract, buyer must pay ALL closing cost.
– Must close with title company on original contract.
* Info in this email is deemed reliable but is not guaranteed. Buyer should conduct their own due diligence to confirm any information listed above.
* DO NOT GO TO THE PROPERTY OR WALK THRU THE OUTSIDE. SHOWINGS ON APPT ONLY!!
Available on 11.11.2020
Don’t let this excellent opportunity pass you by! Get it yours now!