$234,600
$269,900
13.1%For more information regarding the value of a property, please contact us for a free consultation.
1246 NE 112th St Miami, FL 33161
1,428 SqFt
Key Details
Sold Price $234,600
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,428 sqft
Price per Sqft $164
Subdivision Bayview Acres
MLS Listing ID H10176278
Sold Date 06/20/17
Style Triplex
Construction Status Resale
HOA Y/N No
Year Built 1940
Annual Tax Amount $2,619
Tax Year 2015
Property Sub-Type Triplex
Property Description
LARGE LOT WITH 3 UNITS ,TWO 1/1 IN A DUPLEX AND THE OTHER 1/1 IN A SEPERATE HOUSE IN THE BACK. ALL UNITS HAVE CENTRAL A/C.THREE SEPERATE METERS.NEW ROOF AT THE DUPLEX. NEW A/CS'.TILE FLOORS. WELL MAINTAINED. UNDER MARKET RENT. EXPENSES : TAXES $3600-INSURANCE $2500-WATER $2000-MAINTENANCE $1200-LANDSCAPING $900 TOTAL EXPENSES =$10200.THE CAP RATE IS 6.40% AT PRESENT. IF THE NOI IS AT $18600 OR MORE($800 A MONTH UNIT OR MORE) THE MINIMUM CAP RATE IS 7% OR MORE.
Location
State FL
County Miami-dade County
Zoning RU-3M
Interior
Heating Central Heat
Cooling Central Cooling
Flooring Tile Floors
Exterior
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Cbs Construction
Sewer Septic Tank
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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Bought with Tomlinson Realty Group
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