2803 91St St Miami, FL 33147
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 2803 91St St
- Year built
- 1959
- Property type
- Small apartment buildings
Description
This charming 1-story, 1959-built triplex located at 2803 NW 91st St, Miami, FL 33147, is offered at $810,000. The property, situated in Miami-Dade County, presents a compelling investment opportunity for both seasoned investors and owner-occupants. Two of the three units have undergone complete renovations, offering immediate income potential. The property boasts ample parking and outdoor spaces, enhancing its appeal. Current rental income is below market value due to long-term tenant relationships, all on month-to-month leases, presenting an opportunity to increase profitability. Recent improvements include a new water line from the meter to the property, addressing previous low water pressure issues, and a newly installed sprinkler system. This property offers a blend of classic charm and modern updates, making it an attractive option in a strong rental market. The property's location in Miami, Florida, ensures high demand and a promising return on investment. Don't miss this chance to acquire a well-maintained multifamily property with significant upside potential.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2433057
- Latitude
- 25.8568183