3079 NW 11TH ST MIAMI, FL 33125
Great opportunity to purchase a multifamily investment property in a high demand rental area. The property consists of 6 two-story duplex structures with a total of 12 units. Most units are 3BR/2.5BA and some have converted the living room to a fourth bedroom. Some units are updated, and others will require some updating. The roofs are in good condition and the property has approximately 40 parking spaces. Tenants are all month to month but have resided long-term with some tenants as long as 20 years. Rents are below market allowing for Buyer to increase rents and value add. Seller will credit buyer $180,000.00 for updating units. Seller will finance up to $1.2M at 5.5% interest only for 18 months and give 6 months interest free.
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