Commercial property in Miami, Florida 206.24 sq.m. № 2003183

Property description

Newly painted, income-producing triplex in a prime Miami location. Excellent investment opportunity with strong cash flow and future rent upside. Property features three units with the following layout and income: Unit 1 is a 3 bedroom / 1 bathroom rented at $2,565 ; Unit 2 is a 3 bedroom / 1 bathroom rented at $2,665; Unit 3 is a 1 bedroom / 1 bathroom rented at $1,650 and is below market value, offering upside potential. Centrally located near the new Soccer Stadium for Inter Miami, Miami International Airport, Miami River, River Landing, Brickell, and Downtown Miami. Property offers central A/C, upgraded PVC plumbing throughout, separate electric meters (tenants pay electric), shared water split 50/50 between upstairs and downstairs, updated upstairs bathroom, fresh interior paint, new stove, and a recently redone septic tank. Zoned for Comstock Elementary School, Citrus Grove Middle School, and Miami Jackson Senior High School. Seller motivated. Ideal for investors seeking a stabilized asset in a rapidly developing area with immediate income and long-term growth potential.