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Key Details
Sold Price $440,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,245 sqft
Price per Sqft $195
Subdivision Sweetwater Groves .14 Ac
MLS Listing ID A10543402
Sold Date 10/31/18
Construction Status Resale
HOA Y/N No
Year Built 1963
Annual Tax Amount $3,861
Tax Year 2017
Contingent No Contingencies
Property Description
GREAT INVESTMENT OPPORTUNITY in PRIME LOCATION just 2 blocks away from FIU one of the largest universities in Miami. This duplex is located in an up and coming area as more more land is being bought over by developers looking to build high rise buildings for the ever growing university population of FIU. Both units are spacious; Duplex has 2 separate electric meters and 2 separate washer/dryer hookup. These units will rent easily. This rental income producing property has a potential cap rate of an 8-10%. Don't miss out on seeing this cash flow investment opportunity before it sells.
Location
State FL
County Miami-dade County
Community Sweetwater Groves .14 Ac
Area 40
Direction GPS App
Interior
Heating Central
Cooling Central Air
Flooring Tile
Exterior
Pool None
Utilities Available Cable Not Available
Waterfront No
Roof Type Shingle
Total Parking Spaces 4
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 1
Sewer Septic Tank
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 25-40-06-001-0110
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Conventional
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Bought with Keller Williams Realty SW