Miami, FL 33147,3102 NW 70th Ter
Miami, FL 33147,3102 NW 70th Ter
Miami, FL 33147,3102 NW 70th Ter
$560,000
Est. payment /mo
$575,000
2.6%
Est.Price: ?

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1,619 SqFt
SOLD DATE : 07/26/2024

Key Details

Sold Price $560,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,619 sqft

Price per Sqft $345

Subdivision Westgate

MLS Listing ID A11604798

Sold Date 07/26/24

Construction Status Resale

HOA Y/N No

Year Built 1946

Annual Tax Amount $6,227

Tax Year 2023

Contingent Pending Inspections

Property Description

CASH COW in burgeoning NW Central Miami! This 1,799 SF multi-unit home on a well-situated 6,527 SF corner lot is in a fantastic up-and-coming location, north of Allapattah-Brownsville, near the Metro-Rail and west of the new Liberty Square 55-acre master-planned mixed-use neighborhood with residences, arts and culture, health centers, educational facilities and parks galore. The updated building is currently leased as a tri-plex with under market rents, generating a fantastic NOI of $50,000 per year (almost a 9-cap) with more upside! Two units have two bedrooms and one bathroom, and the third unit is an efficiency. The property is gated and fenced, with parking and a great yard. This is a great opportunity if you’re looking to increase cashflow or make this your home with added income.

Location

State FL

County Miami-dade County

Community Westgate

Area 31

Interior

Heating None

Cooling Central Air

Flooring Ceramic Tile

Window Features Impact Glass

Exterior

Pool None

Utilities Available Cable Available

Waterfront No

Roof Type Shingle

Total Parking Spaces 3

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Frame,Stucco

Construction Status Resale

Others

Tax ID 30-31-16-000-0200

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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Listed by Graber Realty Group LLC
Bought with DecoNova International Group

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William Gartin

+1(305) 842-6097

Agent | License ID: 3422133

Agent License ID: 3422133

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