190 NW 68th Ter
Miami, FL 33150
Number of Units: 4
Type: Multi-Unit Residential
EXCELLENT INVESTMENT OPPORTUNITY. 11% CAP AT ASKING WITH SIGNIFICANT RENT INCREASE POTENTIAL. PROPERTY IS SET UP AS TWO BUILDINGS WITH TWO UNITS EACH. EACH UNIT HAS A SEPARATE ELECTRIC METER AND CENTRAL AC. CURRENT GROSS MONTHLY INCOME $3,319.00 WITH MINOR IMPROVEMENTS IT COULD BE INCREASED TO $4,300. OFF-STREET PARKING FOR FOUR VEHICLES. SIGNIFICANT RENOVATION COMPLETED WITHIN LAST 2 YEARS. WALKING DISTANCE FROM NEWLY ANNOUNCED $1 BILLION+ MAGIC CITY INNOVATION DISTRICT.
MLS Area: 31
Subdivision/Complex Name: PETERS ADDN TO PRAMAR SUB
Directions: USE GOOGLE MAPS
Heat/Cool: Central Heat, Electric Heat
Cooling: Central Cooling, Electric Cooling
Floors: Ceramic Floor, Tile Floors
Total Number of Units: 4
Construction: Concrete Block Construction, CBS Construction
Roof: Built-Up Roof, Shingle Roof
Sewer: Municipal Sewer
Water: Municipal Water
Cable TV: yes
Parking Spaces: 4
Lot Size: Less Than 1/4 Acre Lot
Lot Size in Acres: 0
Lot Size in Sq. Ft.: 0
Has Waterfront: No
Municipal Code: 1
Property Type: RI
Property SubType: Residential Income
Property SubType 2: Fourplex
Year Built: 1926
Is an REO: No
Is Short Sale: No
Tax Year: 2017
Tax Amount: 5, 357
$ per month
Year Fixed. % Interest Rate.
|Principal + Interest:||$|
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing Courtesy of EWM Realty International
© 2017 Miami Association of REALTORS®. All rights reserved.
IDX information is provided exclusively for consumers' personal, noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.
Miami data last updated at December 15, 2017 9:16 AM ET