2900 SW 4th St, Miami FL 33135
Basics
- Price per sqft: $513.97
- Category: Residential Income
- Type: Duplex
- Status: Active
- Floors: 1
- Area: 1897 sq ft
- Lot size: 0 sq ft
- Year built: 1925
- Year remodeled: Resale
- MLS ID: A11962645
Description
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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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Location
- Neighborhoods: CAROLINA HEIGHTS 2ND SEC
Building Details
- Floor covering: Other
- Exterior material: CBS Construction
- Roof: Other
- Parking: 4