Basic Information

  • MLS # A11574836
  • Type Duplex / Quad Plex / Triplex
  • Status Sold
  • Subdivision/Complex SANTA CLARA SUB
  • Year Built 1935
  • Total Sqft 1,586
  • Date Listed 04/24/2024
  • Days on Market 158
Description

Fantastic Find! PERFECT FOR OWNER OCCUPIED OR INVESTOR. this Duplex with Huge Income Potential. Both units are spacious, plus an additional 1/1 studio with parking up to 6 cars. Large private Fenced yards. All the units are occupied by long term tenants. OWNER PAY UTILITIES, UNCLUDING WATER. PROJECTED ANNUAL GROSS INCOME Is around $81,000.00. Annual Expenses includes: Taxes $1,430.00; Insurance $6,700.00; Internet $1,080.00; FPL (2 METERS) APROX $4,716.00; WATER BILL $800.00 TOTALING $14,726.00. PROJECTED NOI $66,274.00 POTENTIAL 8% CAP RATE! GREAT RENTAL POTENTIAL. Property is LOCATED MINUTES to Downtown Miami, Wynwood, Miami District Design. Close to Highway I-95, easy access to Palmetto 826.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Exterior Features Other, Patio

Interior Features

  • Adjusted Sqft 1,586Sq.Ft
  • Sqft 1,586 Sq.Ft

Property Features

  • Aprox. Lot Size 1,826
  • Furnished Info No
  • Lot Description Less Than Quarter Acre
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info SANTA CLARA SUB
  • Tax Amount $1,479
  • Tax Year 2023

1173 NW 29th St

Miami, FL 33127

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