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3102 NW 70th Ter, Miami FL 33147

Multi-family Active With Contract
$575,000

BTC: 9.33654965

ETH: 165.84895919

5 days
0 room(s)
1,619 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

CASH COW in burgeoning NW Central Miami! This 1,799 SF multi-unit home on a well-situated 6,527 SF corner lot is in a fantastic up-and-coming location, north of Allapattah-Brownsville, near the Metro-Rail and west of the new Liberty Square 55-acre master-planned mixed-use neighborhood with residences, arts and culture, health centers, educational facilities and parks galore. The updated building is currently leased as a tri-plex with under market rents, generating a fantastic NOI of $50,000 per year (almost a 9-cap) with more upside! Two units have two bedrooms and one bathroom, and the third unit is an efficiency. The property is gated and fenced, with parking and a great yard. This is a great opportunity if you’re looking to increase cashflow or make this your home with added income.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1946
Lot:
No Data
Heating:
None
Price/sqft:
$355
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • None

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 30-31-16-000-0200

    • Zoning: 0100

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Other financial information

    • Annual tax amount: $6,227

  • Source details

    • MLS ID: A11604798

    Other facts

    • Construction Materials: Frame With Stucco

    • Lot Features: Less Than 1/4 Acre Lot

    • Window Features: Clear Impact Glass

    • Architectural Style: Detached

    • Living Area: 1619

    • Subdivision Name: Westgate

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Graber Realty Group LLC