1501 NW 42nd St new Save Request In-Person Tour Request Virtual Tour
Miami,FL 33142
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,458 sqft
Price per Sqft $376
Subdivision North Miami Estates
MLS Listing ID A11789412
Style Detached,One Story
Bedrooms 4
Full Baths 3
Year Built 1940
Annual Tax Amount $7,742
Tax Year 2024
Lot Size 5,000 Sqft
Property Sub-Type Single Family Residence
Property Description
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.
Location
State FL
County Miami-dade
Community North Miami Estates
Area 31
Interior
Heating Central
Cooling Central Air
Flooring Other
Exterior
Exterior Feature Porch
Garage Spaces 1.0
Pool None
View Y/N No
View None
Roof Type Shingle
Building
Lot Description Rectangular Lot,< 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Structure Type Block
Others
Acceptable Financing Cash,Conventional,VA Loan
Listing Terms Cash,Conventional,VA Loan
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11789412