Miami, FL 33125
- $890,000
- 2,220
- SqFt
- List Price
- $890,000
- MLS
- A12064195
- Complex Name
- Del Rio Park
- Status
- ACTIVE
- Type
- Multifamily
- Living Area
- 2,220
Property Description
Fantastic investment opportunity! Income-producing triplex ideally located near the new David Beckham stadium, MIA, Miami River, River Landing, Brickell, and Downtown Miami. Property features two 3BR/1BA units rented for $2,565 and $2,665 per month, plus one 1BR/1BA unit rented for $1,650 per month (below market rent with upside potential).Recent improvements include fresh paint, upgraded PVC plumbing throughout, updated upstairs bathroom, new stove, central A/C, and a redone septic tank. Separate electric meters for each unit; shared water meter. Tenants pay their own electricity, and the two 3BR units split the water bill 50/50. Excellent location with strong rental demand, close to shopping, dining, major highways, and employment centers. Zoned for Comstock Elementary, Citrus Grove Middle School, and Miami Jackson Senior High School. Strong cash flow with room for rental growth. Seller motivated!
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Additional Information
- Days on Market
- 0
- Style
- Duplex, Triplex
- #Parking Spaces
- 5
- Year Built
- 1948
- Development Name
- Del Rio Park
- #Stories
- 2
- Construction Type
- CBS Construction, Elevated Construction, Other
- Section
- 34
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Listing Courtesy of Keller Williams Realty Premier Properties, Contact: