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

1102 103rd St for Sale

Price $875,000.00

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

Description

This exceptional triplex property is a rare find in the heart of a peaceful and serene neighborhood, perfectly situated near schools, making it an attractive choice for investors and tenants alike. Boasting a substantial monthly income of $7,100, this property promises not only financial stability but also ease of management with one tenant leasing two units, simplifying the rental process. With a compelling 7% cap rate and recent renovations, including upgraded appliances, this triplex is the epitome of turnkey investment. As if that's not enough, the prospects for future value appreciation are promising with the local real estate market on the upswing.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=

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

This exceptional triplex property is a rare find in the heart of a peaceful and serene neighborhood, perfectly situated near schools, making it an attractive choice for investors and tenants alike. Boasting a substantial monthly income of $7,100, this property promises not only financial stability but also ease of management with one tenant leasing two units, simplifying the rental process. With a compelling 7% cap rate and recent renovations, including upgraded appliances, this triplex is the epitome of turnkey investment. As if that's not enough, the prospects for future value appreciation are promising with the local real estate market on the upswing.

City:Miami,Zoning:5700,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Latitude:25.868659,Cooling Y N:1,Heating Y N:1,List Price:875000,Listing Id:A11482876,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:8,Building Name:2ND,Days On Market:4,Lot Size Units:Square Feet,M L S Area Major:2nd,On Market Date:2023-11-07,Parcel Number:30-31-02-007-0010,Property Type:Residential Income,Rent Includes:1:Hot Water,2:Gardener,3:Pest Control,4:Sewer,5:Trash Collection,Stories Total:1,Street Number:1102,M I A M I R E_ Style:Triplex,Public Remarks:This exceptional triplex property is a rare find in the heart of a peaceful and serene neighborhood, perfectly situated near schools, making it an attractive choice for investors and tenants alike. Boasting a substantial monthly income of $7,100, this property promises not only financial stability but also ease of management with one tenant leasing two units, simplifying the rental process. With a compelling 7% cap rate and recent renovations, including upgraded appliances, this triplex is the epitome of turnkey investment. As if that's not enough, the prospects for future value appreciation are promising with the local real estate market on the upswing.,County Or Parish:Miami-Dade County,List Office Name:One Sotheby's International Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:1038,Property Sub Type:Triplex,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:New Construction,Building Area Total:2195,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:436.409,Original List Price:875000,Public Survey Range:31,Documents Available:1:Deposit - Last Months Rent,2:Deposit - Security,3:Investment Analysis,4:Inventory,5:Copy Of Lease(S),6:Other Available Information,7:Rent Rolls,I D X Participation Y N:1,Syndication Remarks:This exceptional triplex property is a rare find in the heart of a peaceful and serene neighborhood, perfectly situated near schools, making it an attractive choice for investors and tenants alike. Boasting a substantial monthly income of $7,100, this property promises not only financial stability but also ease of management with one tenant leasing two units, simplifying the rental process. With a compelling 7% cap rate and recent renovations, including upgraded appliances, this triplex is the epitome of turnkey investment. As if that's not enough, the prospects for future value appreciation are promising with the local real estate market on the upswing.,Listing Contract Date:2023-11-07,Originating System I D:miamire,Public Survey Section:30,Showing Instructions: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:2.5%,M I A M I R E_ Adjusted Area S F:1912,Contract Status Change Date:2023-11-07,Internet Address Display Y N:1,Number Of Units In Community:3,Internet Consumer Comment Y N:1,Transaction Broker Compensation:2.5%,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:436.41,Internet Automated Valuation Display Y N:1,