70 Nw 77th St Unit #9, Miami, FL 33150

$120,000
1
BD
1
BA
551
SqFt

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List Price
$120,000
MLS#
A11986835
Bedrooms
1
Bathrooms
1
Sq. Ft
551
Subtype
Stock Cooperative
County
Miami-Dade
Community
Prestige Apts Inc Co-op
Subdivision
Prestige Apts Inc Co-op
Year Built
1961

Property Description

INVESTMENT WITH 10.7% NET RETURN - $120,000 - ALL CASH ONLY, Income-producing investment offering an approximate 10.7% net annual return in Miami. Gross Annual Income: $18,432 After deducting HOA fees ($295/month) and property taxes ($2,040/year), the estimated net annual income is $12.852, representing approximately a 10.7% annual net return. 1BR/1BA co-op in Little River, Miami—an emerging neighborhood near Wynwood & the Design District. Quiet gated community with strong rental demand and easy access to I-95 and upcoming transit options For only $120,000, this 1/1 unit generates $1,536 per month through the Section 8 program with automatic renewal.

Additional Information

Hoa
Yes
Hoa Amount
295
Pets Allowed
Yes
Status Label
ACTIVE
Unit Floor Number
1
Construction
Concrete Block Construction
Cooling
Wall/Window Unit(s)
Equipment
Microwave, Electric Range, Refrigerator
Flooring
Ceramic Floor
Heating
Window/Wall
Parking
1 Space
Bedroom Description
Other
Security
Complex Fenced
Taxes
$1,819
View
Other View
Unit Number
9
Total Floors
2
Stories
2
Price Per Sqft
$217

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Listing Courtesy Of United Realty Group Inc, Contact: