412 23rd Ct ,Detached, Triplex, Harwood 2nd Addn To River for Sale

412 23rd Ct for Sale

Price $887,000.00

• Lot size 2621
• Year Build 1924
• Waterfront
• Zip 33125
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

Huge reduccion to sell! Over 7% return witj a potencial over 8,5% Fully rented legal triplex in the rapidly growing Little Havana area. The property is in great condition all with separated meters and rented to three families. The rent is at below-market rates, offering income growth potential. Plus a 4 studio unit can be added for extra revenue $1500 Situated on a large lot 8000 sqft lot, all three separated units with separate electric meters were upgraded in 2022 It passed its 40-year certification last year, ensuring local regulation compliance. This is a rare investment opportunity in an area with strong rental demand. Please drive by, but do not disturb tenants. No interior showings without a signed contract.

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HARWOOD 2ND ADD TO RIVERSIDE FARMS PB 4-29 LOT 21 BLK 1 LOT SIZE 50.000 X 160 OR 15513-1228 0592 4 COC 24174-4517 01 2006 1

Less Than 1/4 Acre Lot

Huge reduccion to sell! Over 7% return witj a potencial over 8,5% Fully rented legal triplex in the rapidly growing Little Havana area. The property is in great condition all with separated meters and rented to three families. The rent is at below-market rates, offering income growth potential. Plus a 4 studio unit can be added for extra revenue $1500 Situated on a large lot 8000 sqft lot, all three separated units with separate electric meters were upgraded in 2022 It passed its 40-year certification last year, ensuring local regulation compliance. This is a rare investment opportunity in an area with strong rental demand. Please drive by, but do not disturb tenants. No interior showings without a signed contract.

City:Miami,Zoning:5700,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Latitude:25.7767714,Cooling Y N:1,Heating Y N:1,List Price:887000,Listing Id:A11644062,Longitude:-80.2338649,Mls Status:Active,Year Built:1924,Living Area:2621,Postal Code:33125,Street Name:23rd Ct,Coordinates:1:25.7767714,Photos Count:37,Building Name:HARWOOD 2ND ADDN TO RIVER,Days On Market:51,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:41,M L S Area Major:Harwood 2nd Addn To River,On Market Date:2024-08-19,Parcel Number:01-41-03-031-0190,Parking Total:12,Property Type:Residential Income,Stories Total:1,Street Number:412,M I A M I R E_ Style:Triplex,Public Remarks:Huge reduccion to sell! Over 7% return witj a potencial over 8,5% Fully rented legal triplex in the rapidly growing Little Havana area. The property is in great condition all with separated meters and rented to three families. The rent is at below-market rates, offering income growth potential. Plus a 4 studio unit can be added for extra revenue $1500 Situated on a large lot 8000 sqft lot, all three separated units with separate electric meters were upgraded in 2022 It passed its 40-year certification last year, ensuring local regulation compliance. This is a rare investment opportunity in an area with strong rental demand. Please drive by, but do not disturb tenants. No interior showings without a signed contract.,County Or Parish:Miami-Dade County,List Office Name:Core International Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:4422,Property Sub Type:Triplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:HARWOOD 2ND ADDN TO RIVER,Tax Annual Amount:11388,Total Actual Rent:94800,Unparsed Address:412 NW 23rd Ct, Miami FL 33125,Listing Agreement:Exclusive Right To Sell,Operating Expense:12000,Year Built Details:Resale,Building Area Total:2621,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:338.4205,Original List Price:888000,Previous List Price:918000,Public Survey Range:41,I D X Participation Y N:1,Syndication Remarks:Huge reduccion to sell! Over 7% return witj a potencial over 8,5% Fully rented legal triplex in the rapidly growing Little Havana area. The property is in great condition all with separated meters and rented to three families. The rent is at below-market rates, offering income growth potential. Plus a 4 studio unit can be added for extra revenue $1500 Situated on a large lot 8000 sqft lot, all three separated units with separate electric meters were upgraded in 2022 It passed its 40-year certification last year, ensuring local regulation compliance. This is a rare investment opportunity in an area with strong rental demand. Please drive by, but do not disturb tenants. No interior showings without a signed contract.,Listing Contract Date:2024-08-19,Originating System I D:miamire,Public Survey Section:3,Showing Instructions:See Broker Remarks,Showing Assist,Virtual Showing Available,Street Number Numeric:412,Tax Legal Description:HARWOOD 2ND ADD TO RIVERSIDE FARMS PB 4-29 LOT 21 BLK 1 LOT SIZE 50.000 X 160 OR 15513-1228 0592 4 COC 24174-4517 01 2006 1,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Triplex with huge lot. Enjoy a great income while you wait for the prices in the area to go up. Video only please do not bother the tenants,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-08-19,Internet Address Display Y N:1,Number Of Units In Community:3,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:338.42,