153 141St St Miami, FL 33161
This exceptional fourplex, located at 153 NE 141st St, Miami, FL 33161, presents a lucrative investment opportunity. Built in 1991 and situated on a large corner lot, this two-story building boasts 3,744 square feet and comprises four individual units. Each unit is equipped with two dedicated parking spaces, a significant advantage in this desirable Miami neighborhood. The property features separate water and electric meters for each unit, simplifying utility management and potentially increasing rental income. Currently, all four units are rented on a month-to-month basis, offering immediate cash flow. Importantly, current rental rates are below market value, presenting a substantial opportunity to increase profitability. A partial renovation has already been completed, enhancing the property's appeal and value. The asking price for this high-yield investment is $1,300,000. This property is ideally suited for an investor seeking a strong return on investment in a thriving Miami market. The property's location in Miami-Dade County provides easy access to major transportation routes and local amenities. Serious inquiries are encouraged. Please allow 24-48 hours' notice for showings to respect tenant privacy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.