6028 NW 1st Ave
Miami, FL 33127
Specialty Property For Sale · 1,800 SF

Duplex built in 2005 producing a solid Cap Rate of 8.70 %. Great location just 3 blocks of the new Magic City development and close to design district, downtown, groceries, shopping and transportation. Both units are rented to a good Section 8 tenants with leases till July 2020 and December 2019 paying $ 1600 and $ 1300 respectively. There will be room to increase rents at the renewal of the leases. Tenants pay for all utilities. Landlord only pays for Prop. Taxes, Lawn Maintenance and Insurance. CASH ONLY. PLEASE DRIVE BY BUT DO NOT APPROACH OR DISTURB TENANTS