
Courtesy of: Fernanda Moreno, Douglas Elliman, fernanda.moreno@elliman.com
$895,000
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5 bed
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5.00 Bath (4 Full , 1 Half)
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Triplex
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$895,000
1297 NE 110th Ter Turnkey renovated triplex in North Miami currently operating as a successful legal short-term rental with $128, 954.20 in annual gross income. The property features three units: a 1BR/1BA with full kitchen, a spacious 2BR/2.5BA, and a 2BR/1BA with compact kitchen. Recently completed a renovation, impact windows and updated plumbing and electrical - the roof is approximately 10 years old. 3 (three) dedicated parking spaces with additional parking available. Excellent location near shopping, dining, and just minutes from Whole Foods Market, Home Depot, Bal Harbor shops and other great amenities. Ideal for investors seeking an income-producing multifamily opportunity. Won't last, priced to sell. Offered at $895, 000 at a 7.63% cap rate.
Courtesy of: Fernanda Moreno, Douglas Elliman, fernanda.moreno@elliman.com
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