Fantastic opportunity to own this well-kept, updated and renovated 6-unit multifamily building in the heart of Allapattah. 3 = 1/1s and 3 = Studios, fully rented, excellent income producing property, low expenses, quality tenants. Fully permitted brand new roof installed with the past few months, 2 of the 6 units are fully renovated with new modern tile floors, new bathrooms and kitchens including granite countertops and new appliances. Separate water and electric meters: tenants pay their own water and electricity! Building has income producing laundry facilities and parking for each tenant. Centrally located in the heart of Allapattah on a T6-8L Zoning, one block from Duarte Park, close to major thoroughfares, Allapattah Metrorail, I-95 and I-195. Financials available upon request.
1751 NW 29th St, Miami, FL, 33142
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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