$332,500
$349,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
2951 NW 46th St Miami, FL 33142
1,200 SqFt
Key Details
Sold Price $332,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $277
Subdivision Amd Pl Of Browns Sub
MLS Listing ID A10902692
Sold Date 09/30/20
Construction Status Resale
HOA Y/N No
Year Built 1959
Annual Tax Amount $2,548
Tax Year 2019
Contingent Backup Contract/Call LA
Property Description
Excellent investment opportunity in OPPORTUNITY ZONE! An investor can benefit from Capital Gain tax deductions! This is a duplex property sitting on a commercial lot with an opportunity to build a commercial property in the future. The property just remodeled top to bottom with permits and passed inspections. CBS construction. ALL NEW; roof, hurricane impact windows and doors installed, electrical and plumbing system is updated, tile floors installed, updated kitchens and bathrooms. Additionally, the property is fenced, security lights and cameras installed. Separate electrical and water meters. Both units are rented (each unit rented for $1500). Annual Gross Income is $36000. Expenses: Property Tax =$2548, Insurance =$2643. Net Operating Income =$30809. ROI= 8.8% ($30809/$349000)
Location
State FL
County Miami-dade County
Community Amd Pl Of Browns Sub
Area 31
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Tile
Window Features Impact Glass
Exterior
Exterior Feature Fence
Pool None
Utilities Available Cable Not Available
Waterfront No
Roof Type Flat,Tile
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 30-31-21-023-1000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Listed As-Is
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Real Estate Sales Force