195 68Th StMiami, FL 33150

Property Details for 195 68Th St

Year built

1978

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

This exceptional investment opportunity presents a fully occupied two-unit duplex located at 195 NW 68th St, Miami, FL 33150, in Miami-Dade County. Built in 1978, this two-story townhome-style apartment building offers a compelling return on investment. Each of the two units boasts two bedrooms and one and a half bathrooms, currently rented below market value on a month-to-month basis. The property's central Miami location provides easy access to I-95, Downtown Miami, and area beaches, enhancing its appeal to a wide range of tenants. The current rental income presents immediate cash flow, with significant potential for increased revenue. Each unit's rent can be raised to $2,500 per month, representing a substantial increase in profitability. The asking price for this property is $600,000. This duplex presents a rare chance to acquire a well-located, income-generating asset with considerable upside potential in a thriving Miami market. The property's strong location and potential for rental increases make it an attractive investment for both seasoned and new investors seeking a solid return. Serious inquiries are encouraged.

Location Insight

City

Miami

County

Miami-Dade

State

Florida

Latitude

25.8372

Longitude

-80.2002

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