For Sale

1501 NW 42nd St

1501 NW 42nd St, Miami, FL 33142

$549,000

Christopher Garcia

Christopher Garcia

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.

4
beds

3
baths

1,458 Sq.Ft. LIVING AREA

5,000 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms4
  • Total bathrooms3
  • full bathrooms3
  • Flooring Other
  • APPLIANCES Microwave, Refrigerator
  • other interior Features First Floor Entry, Other

Area & Lot

  • Status For Sale
  • Living Area1,458 Sq.Ft.
  • Lot Area5,000 Sq.Ft.
  • MLS® IDA11789412
  • TypeResidential
  • YEAR BUILT1940
  • Architecture StylesDetached, One Story
  • View DescriptionNone

Exterior

  • Garage Space1.0
  • water SourceMunicipal Water
  • roofShingle
  • lot featuresLess Than 1/4 Acre Lot, Regular Lot
  • parkingOn Street
  • HEAT TYPECentral
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer

Financial

  • Sales Price$549,000
  • Real Estate Tax $7,742/yr
  • Zoning 5700
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