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Multi Family - Westgate for Sale

3102 NW 70TH TER, MIAMI, FL 33147

Sold Price$560,000 Asking Price$575,000

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  • Days on market:

    5 day(s)
  • Adjusted Area:

    1799 sqft
  • Original Price:

    $575,000
  • Price per sqft:

    $355.16
  • Tax Legal Description:

    16 53 41 .21 AC BEG AT NE COR OF NW1/4 OF NW1/4 OF NE1/4 RUN S270FT FOR A POB W86FT S107.5FT E86FT N107.5FT TO THE POB LOT SIZE 61.000 X 107
  • Tax Year:

    2023
  • Property Type:

    Multi Family
  • Style:

    Triplex
  • Construction Type:

    Frame With Stucco
  • Roof:

    Shingle
  • Cooling Description:

    Central Air
  • Heating Description:

    None
  • Floor Description:

    Ceramic Floor
  • Lot Features:

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

    None

Description

$575,000 • living size area 1619 sqft

Cash cow in burgeoning nw central miami! this 1,799 sf multi-unit home on a well-situated 6,527 sf corner lot is in a fantastic up-and-coming location, north of allapattah-brownsville, near the metro-rail and west of the new liberty square 55-acre master-planned mixed-use neighborhood with residences, arts and culture, health centers, educational facilities and parks galore. the updated building is currently leased as a tri-plex with under market rents, generating a fantastic noi of $50,000 per year (almost a 9-cap) with more upside! two units have two bedrooms and one bathroom, and the third unit is an efficiency. the property is gated and fenced, with parking and a great yard. this is a great opportunity if you’re looking to increase cashflow or make this your home with added income.

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