1725 44th St,Detached, Duplex, 17th Ave Manor 2nd Addn

1725 44th St, Miami, Florida, 33142

Price $349,900.00

  • Lot size 1701
  • Year Build 1924
  • Waterfront
  • Zip 33142
  • Style Detached
  • Parking Description
  • Pool Yes
  • Status Active With Contract

Description

Excellent income-producing opportunity, priced to sell! 100% occupied with tenants who have been there over 10 yrs. Front is rented Section 8 as a 4/2 & 2/1, but can be separated into a 3/1 and 1/1 providing additional rental income; Rear is private rental; Both units are month-to-month. Current rents are below Payment Standard producing $34,200 in GI but can be adjusted to meet current Payment Standard to produce $59,688 with a potential CAP of 15.69%! SEE ATTACHED FINANCIALS. Property has passed all Section 8 inspections. Central A/C units from 2018 & 2020; double electrical meters; tankless water heaters; tile throughout; windows/doors security bars; fenced; both units have their own private entrances and yard spaces. Parking for 3 cars outside/2 inside.

Use Showing Time; You can text 786-548-1774 to confirm/for info. Building is tenant occupied, please DO NOT DISTURB TENANTS. If you'd like to tour the exterior just give me notice; showings will be Mon/Th/Sat 12PM-3PM; Showing interior units will not be possible until we are under contract, so as not to disturb tenants. Please send all offers with proof of funds if paying CASH or DU if financing.

22 53 41 17TH AVE MANOR 2ND ADD PB 21-23 LOT 27 BLK 2 LOT SIZE 44.000 X 112 OR 21186-3217 04 2003 5 COC 22757-1681 09 2004 1

Less Than 1/4 Acre Lot

Excellent income-producing opportunity, priced to sell! 100% occupied with tenants who have been there over 10 yrs. Front is rented Section 8 as a 4/2 & 2/1, but can be separated into a 3/1 and 1/1 providing additional rental income; Rear is private rental; Both units are month-to-month. Current rents are below Payment Standard producing $34,200 in GI but can be adjusted to meet current Payment Standard to produce $59,688 with a potential CAP of 15.69%! SEE ATTACHED FINANCIALS. Property has passed all Section 8 inspections. Central A/C units from 2018 & 2020; double electrical meters; tankless water heaters; tile throughout; windows/doors security bars; fenced; both units have their own private entrances and yard spaces. Parking for 3 cars outside/2 inside.

City:Miami,Zoning:5700,List A O R:A-Miami Association of REALTORS,Tax Year:2020,Latitude:25.8157241,Malone Id:2093831092,Cooling Y N:1,Heating Y N:1,List Price:349900,Listing Id:A11017715,Longitude:-80.2247463,Mls Status:Active With Contract,Year Built:1924,Living Area:1514,Postal Code:33142,Street Name:44th St,Contingency:3rd Party Approval,Coordinates:1:25.8157241,Photos Count:11,Building Name:17TH AVE MANOR 2ND ADDN,Days On Market:14,Listing Terms:1:Cash,2:Conventional,Lot Size Units:Square Feet,M L S Area Major:17th Ave Manor 2nd Addn,On Market Date:2021-03-23,Parcel Number:01-31-22-047-0311,Parking Total:5,Property Type:Residential Income,Rent Includes:1:Sewer,2:Trash Collection,3:Water,Stories Total:1,Street Number:1725,M I A M I R E_ Style:Duplex,Public Remarks:Excellent income-producing opportunity, priced to sell! 100% occupied with tenants who have been there over 10 yrs. Front is rented Section 8 as a 4/2 & 2/1, but can be separated into a 3/1 and 1/1 providing additional rental income; Rear is private rental; Both units are month-to-month. Current rents are below Payment Standard producing $34,200 in GI but can be adjusted to meet current Payment Standard to produce $59,688 with a potential CAP of 15.69%! SEE ATTACHED FINANCIALS. Property has passed all Section 8 inspections. Central A/C units from 2018 & 2020; double electrical meters; tankless water heaters; tile throughout; windows/doors security bars; fenced; both units have their own private entrances and yard spaces. Parking for 3 cars outside/2 inside.,County Or Parish:Miami-Dade County,Expiration Date:2021-09-24,Private Remarks:Use Showing Time; You can text 786-548-1774 to confirm/for info. Building is tenant occupied, please DO NOT DISTURB TENANTS. If you'd like to tour the exterior just give me notice; showings will be Mon/Th/Sat 12PM-3PM; Showing interior units will not be possible until we are under contract, so as not to disturb tenants. Please send all offers with proof of funds if paying CASH or DU if financing.,Standard Status:Active Under Contract,Living Area Units:Square Feet,Major Change Type:Active Under Contract,Postal Code Plus4:7957,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:17TH AVE MANOR 2ND ADDN,Tax Annual Amount:3074,Total Actual Rent:34200,Unparsed Address:1725 NW 44th St, Miami FL 33142,Listing Agreement:Exclusive Right To Sell,Operating Expense:4799,Year Built Details:Resale,Building Area Total:1701,Building Area Units:Square Feet,Lot Size Square Feet:1701,M I A M I R E_ L P Amt Sq Ft:231.1096,Original List Price:349900,Public Survey Range:31,Documents Available:1:Copy Of Lease(S),2:Service Contracts,I D X Participation Y N:1,Net Operating Income:29401,Number Of Units Total:2,Syndication Remarks:Excellent income-producing opportunity, priced to sell! 100% occupied with tenants who have been there over 10 yrs. Front is rented Section 8 as a 4/2 & 2/1, but can be separated into a 3/1 and 1/1 providing additional rental income; Rear is private rental; Both units are month-to-month. Current rents are below Payment Standard producing $34,200 in GI but can be adjusted to meet current Payment Standard to produce $59,688 with a potential CAP of 15.69%! SEE ATTACHED FINANCIALS. Property has passed all Section 8 inspections. Central A/C units from 2018 & 2020; double electrical meters; tankless water heaters; tile throughout; windows/doors security bars; fenced; both units have their own private entrances and yard spaces. Parking for 3 cars outside/2 inside.,Listing Contract Date:2021-03-23,Originating System I D:miamire,Public Survey Section:22,Showing Instructions:Appointment Only,See Broker Remarks,Showing Assist,Street Number Numeric:1725,Tax Legal Description:22 53 41 17TH AVE MANOR 2ND ADD PB 21-23 LOT 27 BLK 2 LOT SIZE 44.000 X 112 OR 21186-3217 04 2003 5 COC 22757-1681 09 2004 1,Green Energy Efficient:1:Water Heater,Public Survey Township:31,Construction Materials:1:CBS Construction,Originating System Name:Miami Association of REALTORS?,Patio And Porch Features:1:Patio,Sub Agency Compensation:2.5%,M I A M I R E_ Adjusted Area S F:1576,Contract Status Change Date:2021-03-30,Internet Address Display Y N:1,Number Of Units In Community:2,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:231.11,Internet Automated Valuation Display Y N:1,

  • Price $349,900.00
  • Price Change: 2021-03-23
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 1924
  • Waterfront
  • View
  • Pool Yes
  • Style Detached
  • Construction Concrete Block Construction, CBS Construction
  • Parking Description
  • Flooring Type Tile
  • Property Type Residential Income
  • Status Active With Contract
  • Listed 2021-03-23
  • Days on Market 27
  • Furnished
  • City Miami
  • Zip 33142
  • State Florida
  • Subdivision 17TH AVE MANOR 2ND ADDN
  • Development Name 17TH AVE MANOR 2ND ADDN, 17th Ave Manor 2nd Addn
  • HOA Fees
  • Taxes 3074
  • Taxes Year 2020