$227,500
$244,900
7.1%For more information regarding the value of a property, please contact us for a free consultation.
3111 NW 59th St Miami, FL 33142
2 Beds
1 Bath
1,612 SqFt
Key Details
Sold Price $227,500
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,612 sqft
Price per Sqft $141
Subdivision Hialeah Heights
MLS Listing ID A11011328
Sold Date 05/25/21
Style Detached,One Story
Bedrooms 2
Full Baths 1
Construction Status Resale
HOA Y/N No
Year Built 1938
Annual Tax Amount $4,106
Tax Year 2020
Contingent No Contingencies
Lot Size 5,160 Sqft
Property Description
Perfect Investors Deal!!
Great cash flowing opportunity in the heart of Brownsville. Larger than tax roll. Buyer must assume tenants.
Nice & Quiet neighborhood. Property consist in a single family home with 3 non conforming units, Currently fully occupied and rented for $3,400/mo. Owner pays for Water and Electricity bills, Bringing the buyer a solid return of 14% CAP rate. ($3,000/month Net).
A/C, ROOF AND APPLIANCES WERE REPLACED IN 2019.
Property has an Open Violation, for exposed electric wiring from main unit to efficiencies. BUYER MUST ASSUME THE VIOLATION. CASH ONLY.
Showings with appointment.
Please do not disturb the tenants
Location
State FL
County Miami-dade County
Community Hialeah Heights
Area 31
Interior
Interior Features Bedroom on Main Level, First Floor Entry
Heating None
Cooling Central Air
Flooring Ceramic Tile
Appliance Dishwasher, Washer
Exterior
Exterior Feature Fence
Carport Spaces 2
Pool None
Waterfront No
View Y/N No
View None
Roof Type Shingle
Parking Type Driveway
Garage No
Building
Lot Description < 1/4 Acre
Faces Southeast
Story 1
Sewer Public Sewer
Water Public
Architectural Style Detached, One Story
Additional Building Apartment
Structure Type Block
Construction Status Resale
Others
Senior Community No
Tax ID 30-31-16-009-0690
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Miami Beach Real Estate Group