1120 NE 111th St, Miami, FL 33161

$450,000

• 1,652 sqft
• Built 1956

SHORT SALE OPPORTUNITY. Purchase price and all terms are subject to lender approval. Great investment opportunity in Miami! This well-maintained duplex includes two 2-bedroom 1-bath units, separate electrical meters, no carpet, stainless steel appliances, and wall/window A/C units. Both units are currently tenant-occupied, providing immediate rental income, with one unit renting for $2,556/month and the other for $2,200/month, for a total of $4,756 in monthly rental income. Tenant pays electric and landlord pays water. Excellent opportunity for an investor looking to add an income-producing property to their portfolio. Cash only. As-is sale, buyer is responsible to cure any violations or expired permit issues.

Listing courtesy of Borell Realty, LLC.