Welcome to your new prime investment opportunity! Nestled in a coveted location ripe for development, this duplex presents an enticing proposition. The first unit boasts two bedrooms and one bathroom, providing ample space for comfortable living. Meanwhile, the second unit offers a cozy one-bedroom, one-bathroom layout, perfect for individuals or couples seeking a charming abode. Brand new impact windows/doors, new roof, central AC. Positioned on a lot zoned for up to five stories and nine units, this property not only offers immediate rental income potential but also holds promise for future expansion and increased returns. Whether you're an astute investor or a savvy homeowner looking to capitalize on this dynamic market, this duplex is a rare find with endless possibilities.
7536 NE 1st Ave, Miami, FL, 33138
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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