1501 Nw 42nd St
Miami, Florida
$549,000 Price
4 Bedrooms  

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 /...

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.

Listing courtesy of Fortune Christie's International Real Estate

 

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Listing
Miami, Florida
Type: House
Price: $549,000
Approx. sqft: 1,542 sf
Annual Re Tax: $7,742
Date Listed: 4/23/2025
Web ID: 11789412
MLS ID: A11789412

Info & Amenities

Type: Single Family
Bedrooms: 4
Bathrooms: 3.0
Built: 1940
Pool: Yes

Map of Area for 1501 NW 42nd St

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