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Archived about 1 year ago

$530,000

4 bd 3 ba 0 sqft

2251 NW 94TH ST, MIAMI, FL 33142

Residential Triplex Occupied Needs Repairs

Current Rent **

$3,400

Projected Rent **

$4,300

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent: $1,300
  • Bedroom: 1 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No
Unit 2 Details
  • Current Rent: $1,400
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No
Unit 3 Details
  • Current Rent: $700
  • Bedroom: 1 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: Yes
  • Needs Repairs: Yes
  • Off MLS: No

Amazing Triplex in Miami at a great price

Great investment property for those Investors looking for a under-market value deal. This is a legal triplex with a 2 bedroom 1 bath, 1 bed 1 bath and a standalone studio in the back.
Enough parking for all units.
Tenants are month to month and have been living in the property for 4 years.
Property was renovated a few years back. Property has Impact windows, new floors,new kitchens, plumbing, electrical and much more! Market rents for all 3 units is around $4,300 a month. all triplex in the area are closing for above $600k so this is a great deal!

contact Hans for more info

Location:

2251 NW 94TH ST, MIAMI, FL 33142

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.