Beautiful big one bedroom and one bath condo with plenty of closets, tile floors throughout, new wood kitchen cabinets, new appliances, remodeled bathroom. Super nice area - Ludlum Gardens area near Coral Gables. Close to Palmetto Expressway, Shopping Plaza, University of Miami, Tropical Park, Miami Children's Hospital, Schools, Restaurants, Transportation and Entertainment.
It is a very quiet clean building with great neighbors. Passed 40 year certification and no special assessments. Super Low Maintenance only $150. You won?t find another low maintenance like this in Miami.
Present tenant pays $975.00 this rent is below market and can be increased up to $1200. Tenant is a month to month tenancy and wants to stay understanding that there will be an increase in rent with new owner. Present tenants have been excellent renters for many years, always on time - never late. If you increase rent you can get close to a 10.55% return on investment.
By appt only. If using conventional financing then a 25% down payment is minimum as bldg is 90% investor owned. Hard Money or Cash preferred.
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