For Sale
$1,300,000

541 142Nd St North Miami, FL 33161

Prime Location, Solid Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
136
This charming 1947-built, single-story apartment building in North Miami, Florida presents a compelling investment opportunity. Located at 541 NE 142nd St, zip code 33161, this three-unit multifamily property offers a strong foundation for immediate income generation and potential future appreciation. The property is situated in Miami-Dade County, within easy reach of local amenities and transportation networks. The building's solid construction and established tenancy provide a stable investment profile. With three individual units, this property offers flexibility for managing occupancy and maximizing rental income. The asking price is $1,300,000, representing a competitive entry point into the North Miami real estate market. This is an excellent opportunity for investors seeking a proven, cash-flowing asset in a desirable location. The property's single-story design simplifies maintenance and management, minimizing operational complexities. Given its age and location, there is potential for value enhancement through strategic renovations or upgrades. This property is ideal for both seasoned investors and those seeking their first foray into multifamily ownership. Detailed financial information and property reports are available upon request. Don't miss this chance to acquire a well-positioned multifamily asset in a thriving Florida market.

Highlights

  • Asking price: $1,300,000
  • Multifamily property consisting of a 3-unit apartment building.
  • Located at 541 NE 142nd St, North Miami, FL 33161.
  • Built in 1947, this is a one-story building.

Property Details for 541 142Nd St

Property type
Apartment buildings, Small apartment buildings
Year Built
1947
Stories
1
Units
3

Location Insight

City
North Miami
County
Miami-Dade
State
Florida
Latitude
25.9059431
Longitude
-80.1880514

FAQs

What type of property is this?
Apartment building - Prime Location, Solid Investment Opportunity
Where is the apartment building located?
The property is located at 541 142Nd St North Miami, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Asking price: $1,300,000; Multifamily property consisting of a 3-unit apartment building.; Located at 541 NE 142nd St, North Miami, FL 33161.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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541 142Nd St
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