Single family home, zoned for duplex although currently being used and generating extra income as a duplex. 1,168sf building on 5,250sf lot.  Current NOI of $17k, raisable to Proforma NOI of $20k, and over a 5% cap at asking price. Brownsville represents one of the city next frontiers, as gentrification at the center pushes more and more of Miami’s solid working classes homeowners and renters to this area. Priced very reasonable to sell. The perfect first time investment.
This listing is courtesy of Fausto Commercial Realty Consultants Inc. Property Listing Data contained within this site is the property of Miami Association of Realtors (MIAMI) MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
This listing is courtesy of Fausto Commercial Realty Consultants Inc. Property Listing Data contained within this site is the property of Miami Association of Realtors (MIAMI) MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
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