Income-producing triplex located in Miami featuring three residential units on a 6,500 sq ft lot. The property includes one 2-bedroom/1-bath unit and two 1-bedroom/1-bath units, all currently leased. Each unit includes tile flooring, central air conditioning, central heating, open parking, and kitchen appliances including an electric range and refrigerator.
The property offers CBS construction, a shingle roof, municipal water and sewer, and exterior features including a patio, open porch, fencing, and exterior lighting. Conveniently located near major roadways, shopping, dining, and everyday conveniences.
Great opportunity for investors seeking a multi-family property with existing rental income.
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Listing courtesy of Interinvestments Realty, Inc. 305-220-1101
130 NW 16th Ave, Miami, FL, 33125
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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