Fully remolded Duplex with new roof, electrical, floors, kitchen and impact windows. This property is a cash cow. Both units are currently rented for (Unit 1: $1,550/ Unit 2: $1,575). Tenant pay for all utilities. Over 10k sf lot can build another duplex or convert them to 3/2. Plenty of value add opportunities to increase rents. Located in a high-demand rental area, this property offers immediate income and great potential for long term appreciation. Leases end April 30, 2025 and Sept 30, 2024. Can only be shown with an accepted offer subject to viewing. Please do not disturb tenants.
11750 SW 212th St, Miami, FL, 33177
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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