For Sale
$659,999

1481 146Th St Miami, FL 33161

Dual-income property, high rental yield.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional Miami-Dade County investment opportunity presents a rare chance to acquire a two-unit property located at 1481 NE 146th St, Miami, FL 33161. Built in 1949, this single-story duplex offers immediate income potential with two separate rental units. The main house boasts a spacious 4-bedroom, 3-bathroom layout with a split floor plan, currently leased under the Section 8 program, generating a consistent monthly income of $4,043. The second unit, a 2-bedroom, 1-bathroom home, is rented month-to-month for $2,500 per month, providing additional revenue streams. Each unit features its own independent water and electric meters, simplifying utility management. This property presents a compelling investment prospect, combining immediate rental income with the potential for long-term appreciation in a desirable Miami location. The asking price is $659,999. Don't miss this chance to own a dual-income property in a thriving market.

Highlights

  • $659,999 asking price.
  • Multifamily property, 2-unit apartment building (duplex).
  • Built in 1949, one story.
  • Located at 1481 NE 146th St, Miami, FL 33161.
  • One unit generates $4,043/month in Section 8 rental income; the other unit rents for $2,500/month month-to-month.
  • Each unit has separate utilities.

Property Details for 1481 146Th St

Property type
Apartment buildings, Small apartment buildings
Year Built
1949
Stories
1
Units
2

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.9102639
Longitude
-80.1695672

FAQs

What type of property is this?
Apartment building - Dual-income property, high rental yield.
Where is the apartment building located?
The property is located at 1481 146Th St Miami, FL.
What is the asking price?
The asking price for this property is $659,999.
What are key features of this property?
This property features: $659,999 asking price.; Multifamily property, 2-unit apartment building (duplex).; Built in 1949, one story.
How can I contact the broker?
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1481 146Th St
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