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$199,999

Address available upon request

2 Beds
1 Baths
650 Sq Ft
1972 Year Built

Property Description

Cash machine with long term rental+appreciation growth prospectsHigh demand/rental area due to proximity to Brickell & Downtown Continuously rented to the same long term tenant (over 10 years) Current rent $2000.00 (8.6% net and growing yearly)Unit recently remodeled with new AC and appliances, porcelain flooring and modern outlook.Minimal involvment required, building is well managed by current BOD & an offsite manager.40 year certification was completed in 2024 (next one due in 2034). New roof, exterior lighting, asphalt, cameras and gate. One reserved parking with this unit.Also available unit#2(2/1 next door) unit#11(2/1 2nd floor) & unit#9(1/1, 2nd floor)All units rented to long term tenants with no lapse in rental history.

Property Details

MLS Number
A12060854
Property Type
Condominium
City
Miami
County
Subdivision
SEGOVIA GARDENS CONDO
Garage
0 spaces