Allapattah Bungalow Triplex.  1,862 sf building on 4,600sf lot, in need of some re-modeling but with Central a/c.  North Allapattah is a great, safe, solid working class neighborhood, experiencing significant development activity on its nearby commercial corridors. Current NOI of $17k, raisable to Proforma NOI of $24k, and close to a 5% cap at asking price.  The perfect first time investment.