Palm Grove Historic District Upper east side corner lot Multi Family Income property with 2 separate structures grossing close to $100k per year. Under market rents than can be increased. 6 legal units with certificate of use from city of Miami on Month to Month Leases, first structure is a L shaped 1 story yellow duplex 2 ( 2 Bed 1 BATH) with the possibility to convert to 3 Bed 2 Bath & (2 BED 1 BATH) and second orange 2 story structure with hurricane impact windows/doors, includes 4 (SEPARATE INDEPENDENT EFFICIENCY UNITS). 3 SEPARATE ELECTRIC METERS for entire property (2 duplex) (1 for 4 efficiency units), 1 block TO US 1, SHOPPING, & CUSHMAN PRIVATE SCHOOL. Passed 40 year re-certification!!! Property not in a Flood Zone!!! New roof on both structures in 2012. Minute walk from Magic City Development !! 1 block west from Biscayne Blvd. All 6 units rented below market! Possible AIR BNB property or redevelop corner lot!!! Realtors, your commission to be paid by your buyer! Escrow deposit to be held with sellers attorney. To schedule a showing please have proof of funds letter available
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