$249,999
Miami, FL 33142
MLS# A10423776
Status: Closed
1532 sqft
1 / 2
Property Description
**INSTANT INCOME PRODUCING PROPERTY** This multi-family Duplex just 15 driving minutes from Wynwood, South Beach, Downtown & Miami International Airport sits in an upcoming but quiet neighborhood.This spacious 4 bedroom 2 bathroom duplex is split (2 bedrooms and 1 bathroom) on both sides. The unit currently has two tenants that have been with the current owner for over 8 years with NO ISSUES. The gross monthly rental intake is $2,450. All annual inspections are current. This makes this property a perfect fit for a hold and resale, while making positive cash flow monthly! Both units have central air, refrigerator, stove & tile floors. The roof is 6 years old & the house is very well maintained. This money maker will not last long. Call NOW for viewing instructions.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2018-02-22
Status: Closed
Original List Price: 274999
List Price: $249,999
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 31
Postal Zip: 33142
Subdivision Number: 37
Multiple Offers Accepted: Yes
Special Assessment YN: No
Flood Zone: X
Country: United States
Street Number: 1369
Street Direction Prefix: NW
Street Name: 40
State Or Province: FL
Postal Code: 33142
Postal Code +4: 4885
Subdivision Name: NO MIAMI ESTATES
Area: 2310
Parcel Number: 0131230373711
Zoning: 5700
Directions: Property runs adjacent to 112 expressway
General Property Information
Number Of Units Total: 2
Adjusted Area Main: 1508
Living Area Main: 1500
Parking Total: 4
Stories Total: 1
Pool Private YN: No
Building Area Main: 1532
Year Built: 1983
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2018-05-04T11:39:53Z
Major Change Type: Status Change
Price Change Timestamp: 2018-03-26T11:37:32Z
Status Change Date: 2018-05-08
Under Contract Date: 2018-04-18
Close Date: 2018-05-04
Flooring
Ceramic Tile: 1
Tile: 1
Property Condition
Resale: 1
Short Sale Details
Lender Approval: Approved
Short Sale Addendum: No
Documents Available
Copy Of Lease(s): 1
Structure Type
Multi Family: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Central: 1
Separate Meters: 1
Construction Materials
Block: 1
Listing Terms
Conventional: 1
Roof
Shingle: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 2450
Total Expenses: 9500
Net Operating Income: 29400
Cooling
Central Air: 1
Ceiling Fan Details
Number Of Ceiling Fans: 2
Showing Requirements
Call Listing Agent: 1
Tax Information
City/County: 1
Contingencies
None: 1
Buyer Details
Intended Use: Unknown/Withheld
Buyer State: Florida
Zip Code: 33147
Concessions
Seller Concessions: No
Unit 1 Details
Actual Rent: 1285
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Partially
Unit 1 Lease Description
Currently Leased YN: Yes
Unit 1 Other Equipment
Washer/Dryer Hookups: 1
Unit 1 Parking Features
Open Parking: 1
Unit 2 Details
Actual Rent: 1175
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Partially
Unit 2 Lease Description
Currently Leased YN: Yes
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Features
Open Parking: 1
Section Details
Parcel Number MLX: 3710
Financial Information
Tax Annual Amount: 1086
Tax Year: 2017
Tax Legal Description: 23 53 41 N MIAMI ESTS PB 5-48 W30FT LOT 10 & E30FT LOT 9 BLK 41 LOT SIZE 60.000 X 100 OR 20707-1972 09 2002 1
Originating Details
Originating System Key: 284378431
Originating System ID: M00000151
Property Features
Documents Available: Copy Of Lease(s)
Flooring: Ceramic Tile; Tile
Property Condition: Resale
Structure Type: Multi Family
Construction Materials: Block
Cooling: Central Air
Heating: Central; Separate Meters
Listing Terms: Conventional
Possession: Negotiable
Roof: Shingle
Sewer: Public Sewer
Tax Information: City/County
Utilities: Cable Available
Water Source: Public
Showing Requirements: Call Listing Agent
Unit 1 Other Equipment: Washer/Dryer Hookups
Unit 1 Parking Features: Open Parking
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Open Parking
Contingencies: None
Listing Office: Chandler Realty & Invest.
Last Updated: August - 11 - 2026
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