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Updated over 7 years ago,

User Stats

105
Posts
9
Votes
Gregory Avalone
  • Rental Property Investor
  • Miami, FL
9
Votes |
105
Posts

Great Miami fix and flip opportunity or rental, 13% cap rate

Gregory Avalone
  • Rental Property Investor
  • Miami, FL
Posted

This house was originally a 2/1 but was recently approved for re-zoning. This is now a 2/1+3/2 with approved plans to legally convert it from a single family to a multi family property. 

- Huge double lot with duplex zoning. 

- Estimated rehab is 80k-100k.

- Cash or Hard Money Only

This property can easily be rented out for $2700.00 per month as a duplex!! 

2/1 rents for $1100 per month. 

3/2 rents for $1600 per month

This is a 13% CAP as a rental! Also a great flip opportunity!!

Please contact me with any questions.

Thank you,

Gregory Avalone

Offering

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