1120 Ne 111th St, Miami, FL 33161

$450,000
: 1,652
SqFt

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List Price: $450,000
MLS: A12074896
Complex Name: Biscayne Blvd Park
Status: ACTIVE
Type: Multifamily
Living Area: 1,652
Short Sale: Yes

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Property Description

SHORT SALE OPPORTUNITY. Purchase price and all terms are subject to lender approval. Great investment opportunity in Miami! This well-maintained duplex includes two 2-bedroom 1-bath units, separate electrical meters, no carpet, stainless steel appliances, and wall/window A/C units. Both units are currently tenant-occupied, providing immediate rental income, with one unit renting for $2,556/month and the other for $2,200/month, for a total of $4,756 in monthly rental income. Tenant pays electric and landlord pays water. Excellent opportunity for an investor looking to add an income-producing property to their portfolio.

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