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3801 Northwest 2nd Street, Miami, FL, 33126
South Florida RegionAsking Price
$515,000
Bedrooms
5
Bathrooms
4
Sq Ft
1,130
County
Miami-Dade
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Margin
28%
Spread
$67K
ARV
$285K
Description
Lot: 6,688 sq ft
Builtr: 1948
CBS construction
Details:
Great location near CORAL GABLES with multiple income streams + upside potential
PROPERTY IN GOOD CONDITIONS
NEEDS MOSTLY COSMETICS
ROOF - AC - PLUMBING AND ELECTRICAL ARE OK
VACANT AT CLOSING
Layout / Income Setup:
Main House: 3 bed / 2 bath
market rent $ 2,900
Efficiency 1: 1 bed / 1 bath
market rent $ 1,900
Efficiency 2: 1 bed / 1 bath
market rent $ 1,900
Proforma GROSS INCOME $ 6,500
Comps:
3951 SW 2nd Ter, Miami, FL 33134
SOLD $725,000
1001 NW 37th Ave, Miami, FL 33125
SOLD $710,000
Smaller + not rehabbed
Interested in this deal?
3801 Northwest 2nd Street, Miami
$515,000
Property
3801 Northwest 2nd Street, Miami, FL, 33126
Luke Roasst
Fix & Flip, DSCR, and Non-QM Loan Specialist
NMLS# 2311093
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