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Super Opportunity: 2 Retail Stores and 4 Apartments 1Bed/1Bath. PRICE TO SELL $779,000 All Offers will be consider. All Rents are below market value: Income: Store Immigration $900.00 / month to month Store Beauty Salon $950.00 /month to month Apartment 1Bed/1Bath = $775.00/mm Apartment 1Bed/1Bath = $725.00/mm Apartment 1Bed/1Bath = $725.00/mm Apartment 1Bed/1Bath = $700.00/mm Total Monthly Income = $4,775.00/month Total Yearly Income = $57,300.00/year Expenses: Insurance $1,800.00 Waste & Water = $4,800.00 Property Taxes = $7,960.75 Total Expenses = $14,560.75 Net Operating Income = $42,739.25 Price to Sell = $779,000.00 CAP RETURN = 5.49%. ALL RENTS ARE VERY LOW AND BELOW MARKET VALUE POTENTIAL CAP RETURN 9.50% 40 Years Recertification done
DAYS ON MARKET | 225 | LAST UPDATED | 10/19/2021 |
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YEAR BUILT | 1951 | COMMUNITY | 22 |
COUNTY | Miami-Dade | STATUS | Sold |
PROPERTY TYPE(S) | Commercial |
ADDITIONAL DETAILS | |
AREA | 22 |
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LOT | 9150 sq ft |
TAXES | 8041 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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