Owners are selling this property in AS IS Condition. New Roof replaced July 22, 2024. This duplex is conveniently located in the heart of North Miami. Great investment opportunity for business oriented people. Currently, the property is being rented with 5 different tenants on a month to month basis as follow:
A.- 1 Two (2) beds One (1) bath rented for $2600 per month
B.- 1 Two (2) beds One (1) bath rented for $2500 per month
C.- 1 Studio for $1100 per month
D.- 1 Studio for $1000 per month
E.- 1 Bed 1 bath for $1500 per month
All units are rented on a month to month basis at this time. Total Gross Monthly Income: $8700.00
Property is being sold AS IS. Please drive by. Very difficult to show the whole property during a one showing as tenants are not available together.
655 NE 135th St, North Miami, FL, 33161
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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