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Multifamily in South Miami, FL 33143
Franklin, 6053 SW 63rd Ter

Share
Closed
$675,000
20K
Estimate Payment $3,841Closing Costs
Beds
1,320
SqFt
$511
$/SqFt
Sold - Mar 31, 2023
Multifamily
Built in 1964
Fence
Attention investors! Rare opportunity in South Miami! This completely renovated and separately metered duplex offers two 2/1 units that rent easily to UM students with a combined pro-forma rental income potential of $5,200/month! With a great return on investment, this duplex is a smart choice for anyone looking to add to their portfolio with potential to earn a pro-forma 7% CAP with a 3% Cash on Cash Return. Located in the desirable South Miami close to University of Miami, Sunset Place, Coral Gables, Dadeland, shopping, dining, entertainment and also in a good school district with easy access to major highways. Don't miss out on this amazing opportunity to own a rental property with tons of upside potential in one of the hottest markets in Miami. Schedule a showing today!
MLS Number: A11344977
On Site: 1307 Days
Updated: 21 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Fence, SecurityHighImpactDoors
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir
      Building and Construction
      • Floor Description: CeramicTile
      • Windows/Treatment: Blinds
      • Year Built: 1964
      • Year Built Description: Effective Year Built
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2023-02-18T10:21:41.000-00:00
        Taxes, Fees & More
        • Taxes: 5139

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        Price History

        Current
        $675K
        High
        $695K
        Low
        $675K
        Total Change
        -2.9%
        $697K$685K$673KFeb 23Mar 23
        Date
        Event
        Price
        Change
        Price Per
        03/31/2023
        Sold
        $675K
        -2.88%
        $511 ft2
        $5,504 m2
        02/17/2023
        Listed
        $695K
         
        $527 ft2
        $5,667 m2
        03/31/2023
        $675K
        Event
        Sold
        Change
        -2.88%
        Price Per
        $511 ft2
        $5,504 m2
        02/17/2023
        $695K
        Event
        Listed
        Price Per
        $527 ft2
        $5,667 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Eugene Allende • Real Estate Sales Force • Buyer Agency Compensation .

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        Scores

        Walk Score®
        Very Walkable. Most errands can be accomplished on foot
        76
        100
        Bike Score®
        Very Bikeable. Biking is convenient for most trips
        76
        100
        Community Snapshot
        937 - 1,584
        SqFt Range
        1964
        Year Build
        Logo

        The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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