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Buy a multi-family propertyat 116-118 NW 45th Ave, Miami, FL 33126

$755,000

$0/mo

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Multifamily

2,380 Sq. Ft.

787 Days on market

A11357385 MLS ID

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About 116-118 NW 45th Ave multi-family property

Rare opportunity to own this amazing investment property in the heart of Miami! This Duplex features two separate units 3/2 on one side and 2/1 on other side with 2,380- Sqft Built in 1985. One side has covered ample parking, the other side has open parking fully gated, 2 separate central AC units and separate meters. Generating $4,100 combined currently but can be increased in today's market $5,600 month 9% Cap Rate. Tenants are month to month.
Rare opportunity to own this amazing investment property in the heart of Miami! This Duplex features two separate units 3/2 on one side and 2/1 on other side with 2,380- Sqft Built in 1985. One side has covered ample parking, the other side has open parking fully gated, 2 separate central AC units and separate meters. Generating $4,100 combined currently but can be increased in today's market $5,600 month 9% Cap Rate. Tenants are month to month.

Property details

House

Architectural Style: Attached

Building Area Total: 2495

Building Area Units: Square Feet

Building Name: HENRY FORD SUB NO 1

Construction Materials: CBS Construction

Living Area: 2380

Living Area Units: Square Feet

Stories: 1

Stories Total: 1

Structure Type: Duplex

Year Built: 1985

Year Built Details: Resale

Location

City: Miami

Coordinates: "-80.2695305", "25.7730557"

County Or Parish: Miami-Dade County

Latitude: 25.7730557

Longitude: -80.2695305

MLS Area Major: Henry Ford Sub No 1

Postal Code: 33126

Postal Code Plus 4: 5344

State Or Province: FL

Street Dir Prefix: NW

Street Name: 45th Ave

Street Number: 116-118

Street Number Numeric: 116

Subdivision Name: HENRY FORD SUB NO 1,HENRY FORD SUB

Unparsed Address: 116-118 NW 45th Ave, Miami FL 33126

Cooling

Cooling: Central Air

Cooling YN: t

Floors

Flooring: Tile

Heating

Heating: Central

Heating YN: t

Listing

Listing Id: A11357385

Listing Terms: Cash, Conventional

List Price: 755000

Mls Status: Pending

Number Of Units In Community: 2

Number Of Units Total: 2

Rent Includes: Sewer, Trash Collection

Standard Status: Pending

Lot

Lot Features: Less Than 1/4 Acre Lot

Lot Size Units: Square Feet

Property

Parcel Number: 01-41-05-016-0780

Property Sub Type: Duplex

Property Type: Residential Income

Parking

Parking Total: 6

Possession

Possession: Funding

Taxes

Tax Annual Amount: 9815

Tax Legal Description: HENRY FORD SUB NO 1 PB 9-91 LOTS 3 AND 4 BLK 6 LOT SIZE 53.160 X 140 OR 19951-3273 09/2001 4 COC 25919-1667 08 2007 5

Tax Year: 2022

Windows

Window Features: Complete Panel Shutters/Awnings, Blinds, Sliding

Monthly cost

Estimated monthly cost

$4,893/mo

All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$709,700

+$22,650

$732,350

Seller agent commission$22,650 (3%)*

$0 (0%)

Buyer agent commission$22,650 (3%)*

$22,650 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

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Unreal Estate checked: Sep 10, 2024 at 1:32 p.m.

Data updated: Mar 22, 2023 at 3:27 p.m.

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