Commercial property in Miami, Florida 78.04 sq.m. № 1999022

Property description

Excellent investment opportunity in Miami. Fully renovated duplex in 2023 featuring two identical 1-bedroom, 1-bathroom units. Each unit offers a private patio, highly desirable feature for tenants. The property is fully rented to excellent tenants willing to stay. Both units are leased through Section 8 at $1,855 and $1,791 per month ($1,963 paid by Section 8, balance paid by tenants). Total gross annual income of $43,752. Each unit has its own water meter and electric meter. Utilities paid by the tenants. Turnkey Residential Income property with immediate cash flow and no deferred maintenance. Ideal for investors seeking stable income and long-term hold potential. Located in a residential area with strong rental demand and convenient access to major roads, transportation, and local amenities. Asking price: $499,000.