OFF-MARKET CASH COW

in prime Little Haiti location. Property consist of a front house plus back house on a nice corner lot zoned T3-O duplex. Currently rented out by the room to long term tenants, generating over $3300 a month in rent for 13% plus cap rate. All tenants happy to stay most have been there close to 10 years. Property is in ok shape and could use updating but not necessary tenants are happy as-is. Property is all on the original plans, the house was built in 1930. Please let me know if you would like photos. WILL NOT LAT LET ME KNOW ASAP!

Title	14 NE 61 ST MIAMI, FL 33137
Listing Type	Sale
Property Type	Duplex
Price	USD 245,000.00
Bedrooms	10
Bathrooms	7
Size	1500.00
Lot Size	5,169.00
Address	14 NE 61 ST MIAMI, FL 33137
Status	Active

Description

CBS & WOOD FRAME MIX.

Incredible Off Market CBS 4/2 corner home with a pool - 1,641 Adj. Sq. Ft. in South Miami Heights. Amazing flip opportunity in this high demand area. 

OFF-MARKET CASH COW ! in prime Little Haiti location. Property consist of a front house plus back house on a nice corner lot zoned T3-O duplex. Currently rented out by the room to long term tenants, generating over $3300 a month in rent for 13% plus cap rate.All tenants happy to stay most have been there close to 10 years. Property is in ok shape and could use updating but not necessary tenants are happy as-is. 

Owner pays utilities.

1 ELECTRIC METER

1 WATER METER

EXPENSES

INSURANCE $3,000 est

ELECTIC $180 monthly

WATER $300 quarterly

FRONT HOUSE HAS 5 INDIVIDUAL BEDROOMS WITH 2 BATHROOMS. MIXED CONSTRUCTION CBS AND FRAME.

REAR HOUSE HAS 5 EFFICIENCY WITH THEIR OWN BATHROOMS. CBS CONSTRUCTION.

FRONT HOUSE HAS ONE MAIN KITCHEN.

ONE EFFICIENCY HAS ITS OWN KITCHENETTE.

TAX ROLL SHOWS 932 SQ FT ACTUAL SIZE IS CLOSER TO 1500 SQ FT.