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.