$549,000
For Sale

1501 NW 42nd St

Miami, FL 33142
1458 sqft | 4 beds | 3 baths | #A11789412
Browse 10 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Investor Opportunity! Spacious 4-bedroom, 3-bathroom home currently configured as a multi-unit rental property generating strong cash flow. The property consists of three separate units: a 2 bed / 1 bath rented for $2,300, a 1 bed / 1 bath rented for $1,300, and a studio unit (0 bed / 1 bath) rented for $1,000 — for a total monthly income of $4,600. Great potential for long-term investment or future redevelopment. Centrally located in Miami with easy access to major highways, shopping, and dining.

  • Property Details
      • Lot DescriptionLess Than 1/4 Acre Lot, Regular Lot
      • InteriorFirst Floor Entry, Other
      • Property SubtypeSingle Family Residence
      • SubdivisionNORTH MIAMI ESTATES
      • CountyMiami-Dade County
      • Utility SourceMunicipal Water
      • Sewer InformationPublic Sewer
      • Parking TypeOn Street
      • MLS #A11789412
      • MLS #A11789412
      • Property TypePurchase
      • Cost549000
      • Structure TypeHouse
      • Square Feet1458
      • Year Built1940
      • Bedrooms4
      • Bathrooms3
      • Full Baths3
      • Parking Spaces1

Location

Carolina Bustillos PA.Real Estate Group
OR

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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