17th Avenue Manor, 1773 NW 45th St, Miami, FL 33142

Brownsville duplex.  two separate buildings, a 2bed/1ba with central a/c and a 1 bed/ 1ba.  lovely location in a private and fenced-in lot, with lush landscaping providing wonderful shade for the tenants on those hot miami days.  current noi of $20k, raisable to proforma noi of $25k, and close to a 7% cap at asking price.  get some of the champ’s magic by investing in this duplex which is one block away from muhamad ali’s historic miami home.  brownsville represents one of the city next frontiers, as gentrification at the center pushes more and more of miami’s solid working classes homeowners and renters to this area.  the perfect first time investment.