Duplex in Wynwood — just 1 block west of NW 2nd Ave and very close to art galleries and bars.
2-stories, each floor has 3 bedrooms & 1 bathroom.
Large 7,150 sf lot, built in 1926. CBS construction.
Bottom floor vacant. Top floor occupied but vacant at closing. Property needs full rehab.
Large lot – huge potential to build another few units in front to increase overall value.
If fully renovated, each unit could rent for $1,800/mo.
Comparable Duplexes listed on same street for $1.2 Million.