About This Property
Residential in Miami
**Income-Producing Property in a Desirable Miami Location!**Unique income-producing property configured as **three separate units**, offering excellent flexibility for investors or owner-occupants. The main residence is divided into two spacious units, plus a detached studio.**Unit 1** features 3 bedrooms and 2 bathrooms, a primary bedroom, living room, dining area, and kitchen. This unit currently generates **$3,600 per month** in rental income.**Unit 2** features 3 bedrooms and 2.5 bathrooms, along with a family room, living room, dining area, and kitchen. This unit currently generates **$4,000 per month** in rental income. Both larger units have their **own separate laundry facilities** for added convenience and privacy.The property also includes a **detached studio** featuring 1 bedroom, 1 bathroom, and a small kitchenette. The studio currently generates **$1,200 per month** in rental income.**Total current rental income: $8,800 per month, or $105,600 annually.**Plenty of parking adds to the property's appeal. Located in a desirable and convenient area with easy access to **Brickell, Coconut Grove, Coral Gables, Downtown Miami, Wynwood, and major highways**, making it convenient for residents and commuters alike.A great opportunity for investors seeking multiple income streams or an owner-occupant looking to live in one unit while generating rental income from the others.**Seller is motivated—bring your offers!**
Features & Amenities
Property Highlights
Roof
- Barrel
- Flat
View
- Garden
Sewer
- Public Sewer
Levels
- Two
Cooling
- Central Air
Fencing
- Fenced
Heating
- Electric
Flooring
- Ceramic Tile
- Laminate
Amenities
- None
Appliances
- Gas Range
- Refrigerator
- Gas Water Heater
- Electric Water Heater
Possession
- Negotiable
Room Types
- Convertible Bedroom
- Garage Apartment
- Garage Converted
Dining Area
- Formal Dining
WaterSource
- Public
- Well
PoolFeatures
- In Ground
Restrictions
- No Restrictions
Water Source
- Public
- Well
Listing Terms
- Cash
- Conventional
- FHA
- VA Loan
Pool Features
- In Ground
Balcony Details
- Balcony - Open
OtherStructures
- Shed(s)
ParkingFeatures
- Driveway
ExteriorFeatures
- Balcony
InteriorFeatures
- Bedroom Layout - Three Way Split
- Kitchen Island
- Pantry
- Roman Tub
- Walk-In Closet(s)
Other Structures
- Shed(s)
Parking Features
- Driveway
Interior Features
- Bedroom Layout - Three Way Split
- French Doors
- Kitchen Island
- Pantry
- Roman Tub
- Walk-In Closet(s)
Master BedroomBath
- Master Bdrm - Ground
Special Information
- Sold As-Is
AssociationAmenities
- None
Showing Requirements
- 24 Hour Notice
- Appointment Only
- Call Listing Agent
Water Heater Details
- Electric Water Heater
- Gas Water Heater
Outdoor Living Spaces
- Balcony
- Patio
PatioAndPorchFeatures
- Patio
Construction Materials
- Block
- CBS
Specifications
Property Details
Location