$975,000
0 Beds · 0 Baths · 1897 sqft
A rare opportunity to own a hassle-free, income-producing multifamily property that is already doing exactly what investors want, cash flowing from day one with $6,450 in current monthly income. Fully remodeled throughout, this turnkey asset removes the usual headaches of ownership. Updated kitchens, modern finishes, new flooring, impact windows and doors, and a new roof allow for immediate income without the need for renovations or capital improvements. Simply step into ownership and collect. The property offers a strong in-place cap rate of approximately 5.9%, with a low expense profile and minimal ongoing maintenance. Two of the units include in-unit washer and dryer, adding convenience and tenant appeal, while ample on-site parking enhances functionality and long-term desirability. Centrally located near Miami Dade College and Little Havana, the property benefits from consistent rental demand, accessibility, and long-term growth potential, all at an attractive price point under $1M. An ideal investment for those seeking stability, simplicity, and immediate returns in one of Miami’s most dynamic rental markets.
Bedrooms
0
Bathrooms
0
Living Area
1897 sqft
Stories
1
Heating
Central, Electric
Cooling
Central Air, Electric
Roof
Other
Property Type
Duplex
MLS#
426612085
Year Built
1925
Area
Carolina Heights 2nd Sec
Days on Market
116
Monthly Payment
$6,043/mo
Listing courtesy of RGI Realty
Listing information is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Data last updated 7/6/2026. Listing provided courtesy of the Miami Association of REALTORS® MLS. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the MIAMI Association of REALTORS®.


