Great investment opportunity at 7541 N Miami Ave, Miami, FL 33150. This duplex features two studio units—one vacant with new kitchen cabinets, the other occupied on a month-to-month lease collecting $1,000/month. Both units have tile flooring, wall-mounted A/Cs, and full kitchens with ranges. Each unit has its own electric meter, making utility management simple. Located in an up-and-coming neighborhood poised for redevelopment, this property is ideal for new investors looking to live in one unit and rent the other or lease both. Don’t miss this chance to own a cash-flowing asset with strong potential in a growing area.
7541 N Miami Ave, Miami, FL, 33150
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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