$165,000

For sale

365 NE 125th St #401, North Miami FL 33161

1 beds2 baths710 sq ftBuilt 1971MLS# A12103814

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About this property

INVESTORS ONLY! this is a really good opportunity to pick up a property with excellent cash flow. It's rented on a year lease for $1750 a month to a great tenant and the monthly hoa is under $250 a month. There are no current assessments. The roof was replaced this year and the elevators were done recently as well. The unit is in great condition and features 1 bedroom and 1.5 bathrooms with a balcony and is quite spacious. The community is located very conveniently on 125th street close to shopping and I-95 and has a pool. The unit comes with 1 parking spot and there is plenty of guest parking available. Association approval is fast and easy. The unit next door just closed for $160k with 30% down financing (that would be the minimum required for a non cash purchase) and appraised over that. there is no washer dryer in unit, but there is a laundry in the building.

Features

  • Garage

Property details

Property type
Condo
Year built
1971
Living area
710 sq ft
Price per sq ft
$232
HOA fee
$242/mo
Property taxes
$2,790/yr
Parking
1 spaces
Floors in building
4
Building / community
Malky Condo
Status
For sale
MLS #
A12103814

Listing courtesy of Luxe Properties.

Location

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