Allapattah bungalow triplex. 1,862 sf building on 4,600sf lot, in need of some re-modeling but with central a/c. north allapattah is a great, safe, solid working class neighborhood, experiencing significant development activity on its nearby commercial corridors. current noi of $17k, raisable to proforma noi of $24k, and close to a 5% cap at asking price. the perfect first time investment.
Community $/Price Range (Closed) $222/ft² – $387/ft²
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