401-405 141St StNorth Miami, FL 33161

Property Details for 401-405 141St St

Year built

1982

Property type

Residential income properties

Property subtype

Multifamily properties

Description

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.

Location Insight

City

North Miami

County

Miami-Dade

State

Florida

Latitude

25.905

Longitude

-80.1909

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