15808-15810 NW 44th Ct Opa Locka 33054
Property Type: Duplex
Construction: CBS
Bedrooms: 6
Bathrooms: 4
Total Sq ft: 2,618
Living Sq ft: 2,546
Lot size: 21,978 Sq ft
Year built: 1996
Taxes: $7,863
Condition:
Well maintained by the original owner.
Accordion shutters, central AC and a tile roof.
The roof could use a good cleaning.
Unit 2’s AC unit is older but functional.
Great Rental Property in a Great Area.
Details:
Currently under rented for $1,500 per side.
Separate electric meters and 1 water meter
but the tenants pay the water bill.
This property is zoned R2 Duplexes.
Land use is 0802 Multi Family 2-9 Units.
The Property has a Hugh half an acre Lot
plenty of room to build another duplex or a Triplex on the land.
There are no recent comps for this rare property on a half acre
The surrounding single family houses are valued at $500 to $600K
Located across the street from Florida Memorial University.
A great rental area.
Annual Expenses:
Taxes: $8,000
Insurance: $2,500
Lawn Care: $1,200
Vacancy: $4,000
Reserves: $4,000
Total: $19,700
Market rents are $2,100+/month for 3 bedrooms.
Potential Gross Annual Rent is $50,400
with an NOI of $30,700 / Cap Rate potential 6.6%
***This is a Direct Oasis Company Deal****
Terms:
Seller chooses Title Company and
BOTH PARTIES PAY THEIR OWN CLOSING COSTS!!!!
Asking $462,000
Call or Text Rich at (561) 702-5541