287 NW 44th Ave Miami, FL 33126, USA For Sale

  • $331,000
  • 6 beds
  • 5.5 baths
  • 3,092 sqft

6 Beds / 5.5 Baths
CBS / FRAME HOUSE.
– Area 3,092 Sq. Ft.
Lot 6,850 Sq. Ft.
Built in – 1930.

Unit #1 – 1/1
Currently rented – $1,000 a month.

Unit #2 – 1/1
Currently rented – $850 a month.

Unit #3
Studio – Currently rented for $650 a month.

Unit #4
Studio – Currently rented for $425 a month.

Unit #5
2/1.5-Currently rented
for $1,300 a month

This is a Non-
conforming Single Family House
being used as Multifamily.

Over 14% POTENTIAL CAP RATE.
Over $200k In Equity,
NET CASH FLOW $2,671 A MONTH
WITH CURRENT RENT!!
Some units have updated kitchens,
tile flooring, and central A/C’s.
Needs updating and TLC.
Property is zoned for Multifamily and
could be converted into legal Multifamily.
Centrally located in the heart of Miami 5 minutes
away from MIA Airport, Coral Gables,
Doral, and many location.

Comps up to $595k.

Rental comps for 1/1’s up to $1,500 a month.
Potential rental income over $6,000 a month.

Price:
$331,000
Address:
287 NW 44th Ave
Miami, FL 33126
Square Feet:
3,092
Lot Size:
6,850
Bedrooms:
6
Bathrooms:
5.5
Terms:
For Sale
Property Type:
Home
Year Built:
1930

Call (954) 998-3366 for more details

Property Location