1102 103rd St ,Attached, Duplex, 2nd for Sale

1102 103rd St for Sale

Price $885,000.00

• Lot size 2195
• Year Build 1945
• Waterfront
• Zip 33150
• Style Attached
• Parking Description
• Pool Yes
• Status Active

Description

Discover an incredible multifamily investment gem boasting an impressive 6.81% NET CAP RATE! This fully renovated legal duplex acting as a triplex offers a convenient 3/2, 1/1, and 2/1 configuration. All the units are leased annually, with the 4/3 unit cleverly divided into a 3/2 and 1/1 (both on the same lease) renting for $4,500, while the 2/1 unit leases for $2,600. Revel in the luxury of modern upgrades, custom kitchens, stylish bathrooms, tiles throughout, and impact windows. Step into a spacious backyard, an oasis of serenity. As the property is fully occupied, kindly refrain from disturbing the tenants. Seize this opportunity; it's not one to let slip away! No money has been spared in this renovation, truly a turnkey investment.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11424854 As the property is fully occupied, kindly refrain from disturbing the tenants. All information provided is deemed reliable but is not guaranteed and should be independently verified.

2ND RESUB N SILVER CREST PB 40-24 LOT 1 BLK 1 LOT SIZE 75.000 X 102 OR 18829-2281 1099 1

Less Than 1/4 Acre Lot

Discover an incredible multifamily investment gem boasting an impressive 6.81% NET CAP RATE! This fully renovated legal duplex acting as a triplex offers a convenient 3/2, 1/1, and 2/1 configuration. All the units are leased annually, with the 4/3 unit cleverly divided into a 3/2 and 1/1 (both on the same lease) renting for $4,500, while the 2/1 unit leases for $2,600. Revel in the luxury of modern upgrades, custom kitchens, stylish bathrooms, tiles throughout, and impact windows. Step into a spacious backyard, an oasis of serenity. As the property is fully occupied, kindly refrain from disturbing the tenants. Seize this opportunity; it's not one to let slip away! No money has been spared in this renovation, truly a turnkey investment.

City:Miami,Zoning:5700,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2022,Latitude:25.868659,Cooling Y N:1,Heating Y N:1,List Price:885000,Listing Id:A11424854,Longitude:-80.2161623,Mls Status:Active,Year Built:1945,Living Area:2005,Postal Code:33150,Street Name:103rd St,Coordinates:1:25.868659,Photos Count:14,Building Name:2ND,Days On Market:1,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M L S Area Major:2nd,On Market Date:2023-07-25,Parcel Number:30-31-02-007-0010,Parking Total:4,Property Type:Residential Income,Rent Includes:1:Pest Control,2:Sewer,3:Trash Collection,4:Water,Stories Total:1,Street Number:1102,M I A M I R E_ Style:Duplex,Public Remarks:Discover an incredible multifamily investment gem boasting an impressive 6.81% NET CAP RATE! This fully renovated legal duplex acting as a triplex offers a convenient 3/2, 1/1, and 2/1 configuration. All the units are leased annually, with the 4/3 unit cleverly divided into a 3/2 and 1/1 (both on the same lease) renting for $4,500, while the 2/1 unit leases for $2,600. Revel in the luxury of modern upgrades, custom kitchens, stylish bathrooms, tiles throughout, and impact windows. Step into a spacious backyard, an oasis of serenity. As the property is fully occupied, kindly refrain from disturbing the tenants. Seize this opportunity; it's not one to let slip away! No money has been spared in this renovation, truly a turnkey investment.,County Or Parish:Miami-Dade County,Expiration Date:2023-10-24,List Office Name:Compass Florida, LLC.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:1038,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:2ND,Tax Annual Amount:5488,Unparsed Address:1102 NW 103rd St, Miami FL 33150,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:2195,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:448.3791,Original List Price:899000,Public Survey Range:31,Documents Available:1:Rent Rolls,I D X Participation Y N:1,Syndication Remarks:Discover an incredible multifamily investment gem boasting an impressive 6.81% NET CAP RATE! This fully renovated legal duplex acting as a triplex offers a convenient 3/2, 1/1, and 2/1 configuration. All the units are leased annually, with the 4/3 unit cleverly divided into a 3/2 and 1/1 (both on the same lease) renting for $4,500, while the 2/1 unit leases for $2,600. Revel in the luxury of modern upgrades, custom kitchens, stylish bathrooms, tiles throughout, and impact windows. Step into a spacious backyard, an oasis of serenity. As the property is fully occupied, kindly refrain from disturbing the tenants. Seize this opportunity; it's not one to let slip away! No money has been spared in this renovation, truly a turnkey investment.,Listing Contract Date:2023-07-25,Originating System I D:miamire,Public Survey Section:2,Showing Instructions:24 Hour Notice,Call Listing Agent,Street Number Numeric:1102,Tax Legal Description:2ND RESUB N SILVER CREST PB 40-24 LOT 1 BLK 1 LOT SIZE 75.000 X 102 OR 18829-2281 1099 1,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:0.01%,M I A M I R E_ Adjusted Area S F:1912,Contract Status Change Date:2023-07-25,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,Dual Variable Compensation Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:448.38,Internet Automated Valuation Display Y N:1,