Off Market Fourplex, Brownsville, Miami 10+ Cap, at Market Rents

[Gregory Avalone]

Price: $285,000 CASH or Hard Money ONLY

Est. Rehab: $0

ARV: $350,000+

Cap Rate Potential: 11%

Est. MKT. Rent $3400/month

Current Cap: 10%

Current Rent $3275/month

Layout: (1753 sqft, 8560 sqft lot )

Fantastic Off-Market CBS 4-plex in Prime Central Miami Location

Property already rented collecting $3,275 giving you an 11% cap rate in place with potential to increase.
Fully legal 4-Plex with security deposit for each tenant.
Buy today and start collecting rent immediately.
Property has a newer roof and individual separate FPL meters. No 40 year required. No work needed.