Carolina Heights 2 Nd Sec

Highlights:

• Lot Features: Less Than 1/4 Acre Lot, Corner Lot
• Documents Available: Copy Of Lease(S), Other Available Information
• Cooling: Central Air, Electric
• Heating: Central, Electric
• Flooring: Other
• Construction Materials: CBS Construction

Description:

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.

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Listing ID: A11962645