$575,000
$645,000
10.9%For more information regarding the value of a property, please contact us for a free consultation.
35 NW 48th Pl Miami, FL 33126
2,054 SqFt
Key Details
Sold Price $575,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,054 sqft
Price per Sqft $279
Subdivision Pinehurst Villa 2Nd Addn
MLS Listing ID A11083955
Sold Date 12/16/21
Construction Status Effective Year Built
HOA Y/N No
Year Built 1957
Annual Tax Amount $7,366
Tax Year 2020
Contingent No Contingencies
Property Description
TURNKEY UPDATED DUPLEX, JUST OUTSIDE CORAL GABLES, COMPLETE WITH IMPACT WINDOWS, BRAND NEW ROOF, OUTDOOR LIGHTING, CENTRAL A/C, ASSIGNED PARKING, AND LAUNDRY ROOM ON-SITE. This unique property rents easily due to all its perks, from parking to laundry and impact windows. It's a duplex, but operates as a triplex (3 bed / 2 bath was split into a 2/1 + 1/1.) Gross Annual Rent of $52,080 (including income from laundry). Tenants have impeccable payment history (auto-pay throughout COVID) and everyone is on 12-month leases. Moreover, rents are below market value, and can be easily increased in 2022. Install an onsite storage shed OR bbq area for additional value-add opportunities. There's tremendous upside. Start collecting rent at closing. This is the opportunity you've been seeking.
Location
State FL
County Miami-dade County
Community Pinehurst Villa 2Nd Addn
Area 41
Interior
Heating Central
Cooling Central Air, Ceiling Fan(s)
Flooring Tile
Window Features Impact Glass
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Shingle
Total Parking Spaces 5
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Construction Status Effective Year Built
Others
Tax ID 01-41-06-022-0070
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with La Rosa Realty Kendall, LLC.