153 141St St Miami, FL 33161

Property Details for 153 141St St

Year built

1991

Property size

3,744 SF

Property type

Small apartment buildings

Description

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.