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Orange Heights

$795,000

1421 NW 58th St, Miami, FL 33142

Active
Last Updated: 11/25/2024

1,990 sqft

Building Size

3

Units

Details:
Building Size:    1,990 sqft
Units:    3
Year Built:    1946
Floors:    1
Parking Spots:    2
Gross Leaseable Area:    1,882
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Copy Of Lease(S), Other Available Information
  • Architectural Style: Detached, Other
  • Cooling: Electric
  • Heating: Other
  • Flooring: Vinyl
Description:

Invest in a Triplex for the Price of a Duplex! This property is actually a triplex, consisting of 3 units, all currently rented with separate entrances, maximizing rental income. 2 electrical meters.

The front 2/1 unit generates an estimated $3,000 in short-term income. The lateral unit offers 4 bunk beds, with each bed renting for $600. Additionally, there is an efficiency (studio) renting for $1,000 per month, totaling an estimated $6,000 in monthly income.
The property has been recently renovated, including a new roof, kitchen cabinets, fence, security cameras, interior and exterior doors and frames, fresh paint, hardwood floors, updated bathrooms, and some new appliances and decor. This information may be subject to errors or omissions and should be verified by the buyer.

Map:
Location
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