Wynwood Income Property Opportunity

Real Estate

Yesterday  I visited this property located in Wynwood.   The property is located at 243 NW 32nd Street.    I like this property.    There are 2 buildings   The main building consist of 2 units.    1 downstairs and 1 upstairs.   The upstairs units is accessed by a side staircase on the east side of the building.     The building is 1719 square feet.   Each unit is a 2 bedrooms  2 baths.    Then there is a building out back for another rental unit.  Its a one bedroom and bath .   332 square feet.  

I envision this property being rehabbed and generations $5000 to $6000 in monthly income or $60,000 to $72,000 in anuual gross income.   There is room for a splash pool or hot tub on the lot.   The lot side is 5,000 square feet.  

The owner is asking $499,000.   I am sure I can negotiate a fair price for the property.   Below are the comparable for your review.  For more details click on Wynwood Income Property or call me at 305-898-8198.    Thanks, Darrell

 

Call me at 305-898-8198.