Multifamily in Biscayne Park, FL 33161

1130 NE 111th St

Introducing a completely occupied and newly renovated duplex property in Biscayne Park, perfect for investors or house hacking. This investment boasts a newer roof, impact windows/doors throughout, flooring and kitchen cabinets. The first unit features 3 bedrooms, 2 bathrooms, and central A/C. While the second unit includes 2 bedrooms, 1 bathroom, Fully furnished, and mini-split A/C's. Both units have impact windows and doors with a newer roof. Tenants have access to a utility room at the back of the property with laundry facilities. The property is generating annual gross rent of $68,400 (7%+ Cap Rate). Each unit has separate electric meters, owner is only responsible for water expense ($150/quarter). NO flood insurance required. Don't miss this lucrative investment opportunity in Miami!