$256,125
$265,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
782 SqFt
SOLD DATE : 02/23/2023
Key Details
Sold Price $256,125
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 782 sqft
Price per Sqft $327
Subdivision Howard Pk 1St Addn
MLS Listing ID A11320054
Sold Date 02/23/23
Construction Status Effective Year Built
HOA Y/N No
Year Built 1954
Annual Tax Amount $1,059
Tax Year 2022
Contingent 3rd Party Approval
Property Description
1535 and 1541 Redland Road are 2 duplexes situated adjacent from each other. Each duplex is made up of two 1 bedroom 1 bathroom units that are individually metered for water, electricity and trash. The units are all currently rented to section 8 tenants with current rents of $1200, $1250, $1,261 and $1,000. The unit rented for $1,000 is up for renewal in March of 2023. At this time new ownership can submit for a rental increase to catch up to market rents. These duplexes will provide a new owner with ease of rental collections and an excellent cashflow. The duplexes must be purchased together. The total asking price is $530,000.
Location
State FL
County Miami-dade County
Community Howard Pk 1St Addn
Area 78
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Built-Up
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Construction Status Effective Year Built
Others
Tax ID 16-78-24-002-0030
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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