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Property 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.
176.24m² Land for sale in Miami, Miami-Dade, Florida, USA № 615546
$ 975 000
$ 5 532 per m²
176.24
Living space, m²
Miami, USA
Parameters
Living space, m²
176.24
ID
615546
Address
2900 SW 4th St, Miami FL 33135
Type
Land
Completion date
IV quarter, 1925
Parking places
4