Residential Income Opportunity - Multifamily Mobile Home in University Lakes, Miami, FLDon't miss this excellent residential income opportunity in the desirable University Lakes Mobile Home community. This property offers a unique and profitable investment with four separate rental units:Two units with 2 bedrooms and 1 bathroom eachTwo units with 1 bedroom and 1 bathroom eachTotal living area: 1,456 sq ft on a 2,625 sq ft leasehold lotImportant Note: The land is not owned it is leased from the community HOA. Monthly expenses, including land lease, water, and electricity, are approximately $1,700.Income OverviewCurrent monthly rent from all four units totals approximately $6,000, with an estimated net income of $4,300/month, providing strong and consistent cash flow from day one.Recent Improvements & Features:Updated interiors with laminate flooring, fresh paint, and upgraded appliancesBright, spacious units with large windows and functional layoutsConcrete driveway with parking for up to 4 carsLow-maintenance property thanks to recent renovations and updated systemsDurable aluminum siding exterior constructionUnbeatable Location - University Lakes Community:Peaceful setting with lakes, parks, playgrounds, and community poolsFamily-friendly and walkable neighborhoodConveniently located near FIU, the Turnpike, Publix, schools, and public transportationJust minutes from shopping, dining, nightlife, and Miami's vibrant cultural sceneEnjoy the rich lifestyle that Miami and University Lakes have to offerThis is a rare opportunity to own a cash-flowing, multi-unit mobile home property in a high-demand area with very low vacancy risk. Ideal for seasoned investors or those entering the Miami rental market.Schedule your showing today and secure your next income-generating asset!
Listed By
Agency Name: REALTY ONE GROUP EVOLUTION
Agency Contact: 786-477-4715
Shown By
Agency Title: Florida Executive Realty
Agency Phone: 813-908-8500
Estimated Payment
$ 422.90 per month $373.90 Principal & Interest $0.00 Property Tax (data not provided by mls) $49.00 Homeowner's Insurance
| MLS# O6326167
This single family home located at , Miami, FL 33184 is currently listed for sale with an asking price of $168,000. This property was built in 2004 and has 6 bedrooms and 4 full baths with 1456 sq. ft. is located in the 11 54 39 152.93 AC M/L NE1/4 OF subdivision. Search 11 54 39 152.93 AC M/L NE1/4 OF real estate on www.floridaexecutiverealty.com today.