For Sale
$775,000

401-405 141St StNorth Miami, FL 33161

High-Yield Duplex & Vacant Lot in North Miami

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a two-unit duplex located at 401-405 NE 141st St, North Miami, FL 33161. Built in 1982, this single-story property features two units, each boasting three bedrooms and two bathrooms. Each unit offers an open floor plan, allowing for abundant natural light and a spacious feel. Currently generating a combined monthly rental income of $6,000 ($3,000 per unit), this property offers a strong return on investment. The sale also includes a vacant lot located at 403 NE 141st St, presenting significant potential for future development or expansion. This prime location in North Miami, Miami-Dade County, offers convenient access to schools, parks, shopping centers, and public transportation. The property's strong rental income, combined with the added value of the vacant lot, makes this an attractive proposition for investors seeking a high-yield, multi-family investment in a desirable location. The asking price for this turnkey investment is $775,000. This is a rare opportunity to acquire a well-maintained, income-producing property with significant upside potential. Don't miss out on this chance to add a valuable asset to your real estate portfolio.

Highlights

  • $775,000 asking price.
  • Multifamily property, specifically a duplex, located in North Miami, FL.
  • Two units, each with 3 bedrooms and 2 bathrooms, generating $3,000 monthly rent each.
  • Built in 1982, one-story building.
  • Includes a vacant lot at 403 NE 141st St.

Property Details for 401-405 141St St

Property type
Apartment buildings, Small apartment buildings
Year Built
1982
Stories
1
Units
2

Location Insight

City
North Miami
County
Miami-Dade
State
Florida
Latitude
25.9049741
Longitude
-80.1909501
401-405 141St St, North Miami, Florida

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
401-405 141St St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message