3111 NW 59th St, Miami, FL 33142

This is the deal your investors are looking for. Incredible cash flow opportunity. A/C, Roof, & Appliances were replaced in 2019. This single family house is subdivided into 4 dwellings, with a total monthly income of $4,180 per month. Expenses are: $500 per month for Electricity + water, & around $350 per month for taxes. 8.6%+ Cap Rate! The property has an illegal addition in the back which is in the process of legalizing, but if new buyers want, they can assume to legalize or demolish themselves. 4 rents, 4 families, one property! 10 % + CAP RATE. SEE BROKER REMARKS