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Multi Family - 17TH AVE MANOR 2ND ADDN for Sale

1773 NW 45TH ST, MIAMI, FL 33142

Sold Price$370,000 Asking Price$370,000

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  • Days on market:

    133 day(s)
  • Adjusted Area:

    836 sqft
  • Original Price:

    $370,000
  • Price per sqft:

    $325.42
  • Tax Legal Description:

    17TH AVE MANOR 2ND ADD PB 21-23 LOT 20 BLK 3 LOT SIZE 44.000 X 112 OR 21102-0371 02 2003 1 COC 26027-3648 10 2007 1
  • Tax Year:

    2022
  • Property Type:

    Multi Family
  • Style:

    Duplex
  • Roof:

    Flat Tile
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Floor Description:

    Concrete
  • Lot Features:

    Less Than 1/4 Acre Lot
  • Type of Association:

    None

Description

$370,000 • living size area 1137 sqft

Brownsville duplex.  two separate buildings, a 2bed/1ba with central a/c and a 1 bed/ 1ba.  lovely location in a private and fenced-in lot, with lush landscaping providing wonderful shade for the tenants on those hot miami days.  current noi of $20k, raisable to proforma noi of $25k, and close to a 7% cap at asking price.  get some of the champ’s magic by investing in this duplex which is one block away from muhamad ali’s historic miami home.  brownsville represents one of the city next frontiers, as gentrification at the center pushes more and more of miami’s solid working classes homeowners and renters to this area.  the perfect first time investment.

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