1922 4Th StMiami, FL 33125

Property Details for 1922 4Th St

Year built

1922

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a charming, renovated duplex located in Miami, Florida, at 1922 NW 4th St, 33125, within Miami-Dade County. Built in 1922 and featuring a single story, this property boasts two separate units, offering significant rental income potential. The main house, originally a three-bedroom, two-bathroom unit, is currently configured as a two-bedroom, one-bathroom and a one-bedroom, one-bathroom unit, easily convertible back to its original layout. A second house, added in 1983, provides an additional two-bedroom, one-bathroom unit with a complete kitchen, dining, and living area. Recent renovations include updated kitchens and bathrooms, modern appliances, and stylish porcelain tile flooring throughout both units. Each unit enjoys private mailboxes, and the property offers ample parking with six spaces per unit, separate electric and water meters, and individual laundry areas. Current tenants are on month-to-month leases, and the current rental income is significantly below market value, presenting a substantial opportunity for immediate return on investment. This property is priced at $750,000 and represents a rare chance to acquire a well-maintained, high-yield multifamily property in a desirable Miami location.

Location Insight

City

Miami

County

Miami-Dade

State

Florida

Latitude

25.7768

Longitude

-80.2271

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