Commercial property in Miami, Florida 303.23 sq.m. № 1942530

Property description

Allapattah cash cow duplex currently operating as a triplex and generating over $10,000 per month in one of Miami’s strongest rental corridors. This 3,200 SF income-producing property sits on a 7,000 SF fully fenced lot with excellent curb appeal and parking for six or more vehicles. The unit mix consists of two 1-bedroom/1-bath units and one spacious 4-bedroom/3-bath unit. Major improvements include a new roof, impact windows and doors, updated kitchens and bathrooms, new plumbing, two electric meters, one water meter, and sewer connection. The property offers strong in-place cash flow with clear value-add potential, as it can easily accommodate a fourth unit, making it a turnkey investment with immediate income and long-term upside.