Active · Duplex
$799,000
2501 NW 23rd Ave, Miami, FL 33142
- Beds
- —
- Baths
- 0
- Living area
- 2,506 sq ft
- $ / sq ft
- $319/sq ft
- Year built
- 1925
- Lot size
- —
- HOA fee
- —
- Annual tax
- $6,700
About this property
INCOME PRODUCING MIAMI DUPLEX. Excellent opportunity for investors or buyers looking for immediate rental income.This spacious 2,506 SF duplex features two currently rented units generating $5500/month in total rental income. The front unit offers 3 bedrooms and 2 bathrooms and rents for $3000/month. it was remodeled approximately five years ago, including a/c and flat roof. Kitchen and bathrooms plumbing were updated approximately two years ago, the PVC line from the sidewalk to the front unit was replaced, and the unit features an impact front door. The near unit offers 2 bedrooms and 1 bathroom and rents for $2500 month.It was remodeled 2 years ago, and the shingle roof is approximately 15 years. Both uits are currently renting, providing income from day one.
Interior & exterior features
Cooling
- Central Air
Heating
- Central
Pool
- None
Flooring
- Ceramic Tile
- Laminate
roof
- Shingle
construction
- Brick
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
$1,225
- Cap rate
- 7.5%
- Net yield
- 7.5%
- Cash-on-cash return
- 6.6%
- Gross yield
- 10.1%
- Mortgage payment
- $3,788/mo
- Down payment
- $199,750
- Loan amount
- $599,250
- Annual NOI
- $60,153
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.