USD 679,000

296 NW 39th St
Miami, Florida 33127

Beds
Baths 0

Property Description

Amazing Income producing duplex. Estimated cap rate of 6% with regular market rent. Currently operating as short-term rental with 8% cap rate. Each unit with 2 large bedrooms and 2 full baths, open kitchens recently renovated, Spac living room, and off-street parking. Each unit w. new appls, AC units, and W/D. Great investment property with excellent tenant. Separate meters. Property is Centrally located in one of the fastest-growing parts of Miami, within walking distance to the Miami Design District, Midtown and Wynwood Art District, and a quick ride to South Beach, downtown Miami, and Brickell. Quick access to I-95 and 195. Both sides are in excellent conditions, Great for long/short term rentals, or to live in yourself! Great opportunity in an area experiencing massive new development.

Listed by Real Estate Empire Group, Inc.

Property Details

ID #
A10958543
Status
Sale
Type
House, Residential, Duplex, Triplex
Zip Code
33127
Building Area
1,800ft2
Year Built
1970
Parking Spaces
2
Building Feature
Air Conditioning, Cable Tv
Roof Material
Wood shingle roof
Water Source
City/mains water
Septic
City sewer
Construction
CBS Construction
Floor
Tile Floors
Lot
Less Than 1/4 Acre Lot
Occupancy
Tenant Occupied
Utilities
Internet
Zoning Information
5700

Similar Listings