MLS® ID: F10125167
Miami, Florida, 33150 $319,000
Great Investment at 8.92% cap rate and owner is looking to get out of the rental business as he retires. This 1,933 sf two family investment property in Miami, Florida is only a short distance from I-95. The main house features 4 bedrooms and 2 baths that rents for $2,100 a month. There is also a separate detached unit in the rear of property, which is a 1 bed 1 bath cottage, which is rented at $900 a month. Buildings were recently painted and new stainless-steel appliances were installed in the main house. This area is in an up-swing, with new developments and renovations taking place all around. Now is the prime time to buy low.