Location! Location! Location! This duplex is located in the hot Wynwood district. One side is a 2/2 paying $1300/m. The other side is a 2/1 paying $1200/m. Note that both tenants pay for their water, garbage, and electric!!! They have been remodeled in the past and the building has a new roof. Each unit has a separate fenced back yard. Cap rate at full price is equal to 5%. Market rents of $1400/m would bring cap to 6%. The Wynwood boom has only started. Priced to sell, please do not approach tenants. Follow showing instructions to view a unit
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