Del Rio Park
$890,000
Miami, FL 33125
2,688 sqft
Building Size
3
Units
Details:
Highlights:
- Lot Features: Less Than 1/4 Acre Lot
- Documents Available: Copy Of Lease(S)
- Architectural Style: Detached
- Cooling: Ceiling Fan(s), Central Air
- Heating: Central
- Flooring: Ceramic Floor
- Construction Materials: CBS Construction, Elevated Construction, Other
Description:
Fantastic investment opportunity! Income-producing triplex ideally located near the new David Beckham stadium, MIA, Miami River, River Landing, Brickell, and Downtown Miami. Property features two 3BR/1BA units rented for $2,565 and $2,665 per month, plus one 1BR/1BA unit rented for $1,650 per month (below market rent with upside potential).Recent improvements include fresh paint, upgraded PVC plumbing throughout, updated upstairs bathroom, new stove, central A/C, and a redone septic tank. Separate electric meters for each unit; shared water meter. Tenants pay their own electricity, and the two 3BR units split the water bill 50/50.
Excellent location with strong rental demand, close to shopping, dining, major highways, and employment centers. Zoned for Comstock Elementary, Citrus Grove Middle School, and Miami Jackson Senior High School. Strong cash flow with room for rental growth. Seller motivated!
Location
Gallery