Miami, FL 33125,1931 NW 1st Ter
Miami, FL 33125,1931 NW 1st Ter
Miami, FL 33125,1931 NW 1st Ter
$555,000
Est. payment /mo
$565,000
1.8%
Est.Price: ?

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1,120 SqFt
SOLD DATE : 09/13/2022

Key Details

Sold Price $555,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,120 sqft

Price per Sqft $495

Subdivision Norris Park

MLS Listing ID A11250716

Sold Date 09/13/22

Construction Status Resale

HOA Y/N No

Year Built 1956

Annual Tax Amount $4,849

Tax Year 2022

Contingent Pending Inspections

Property Description

Updated building with upside in the red-hot Little Havana market. Originally constructed in 1956 and recently renovated in 2022. Great opportunity for both owner users and investors. This duplex has been renovated, with all new flooring, impact windows and doors, new kitchen cabinets with quartz countertops and new stainless-steel appliances. This building is poised for years of maintenance free headaches. Within close proximity to Brickell, Downtown Miami and Wynwood providing easy access to all parts of the city. This opportunity provides an investor or owner user to own an easily manageable property with a good unit mix in a strong rental market poised for long term growth Work horse with a proforma cap rate of 7.8%

Location

State FL

County Miami-dade County

Community Norris Park

Area 41

Interior

Heating Heat Pump

Cooling Central Air

Flooring Vinyl

Exterior

Pool None

Utilities Available Cable Available

Waterfront No

Roof Type Shingle

Total Parking Spaces 4

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block

Construction Status Resale

Others

Tax ID 01-41-03-010-0231

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Financing Other,See Remarks

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Listed by Resivest Realty LLC
Bought with Passion Realty Inc

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Jaky Quelle

+1(305) 724-2585

Broker Associate | License ID: BK3283887

Broker Associate License ID: BK3283887

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