1581 NE 117 Street, Miami, FL 33161

$699,000
3
BD
2
BA
1,440
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$699,000
Days on Market
244
MLS#
A11927844
Year Built
1974
Bedrooms
3
Bathrooms
2
Living Area
1,440
MLS Area Major
2220

Property Description

This is a rare opportunity to acquire a desirable single family or duplex, featuring both a 2-bedroom/1-bathroom unit and a 1-bedroom/1-bathroom unit but can easily open up with by unlocking a door. It is perfect for investors seeking immediate cash flow or owner-occupants who wish to live in one unit while offsetting their mortgage by renting the other, generating steady rental income. The interior offers spacious living areas, a neutral layout, and large bedrooms. Exterior amenities include a large lot with ample yard space, a new fence for added privacy, and improved energy efficiency thanks to solar panels. Major updates include a new roof and new fence; the AC unit is approximately 8 years old. This property is an excellent fit for investors or FHA buyers looking for immediate income and long-term upside potential, boasting a potential annual income of $48,000!

Additional Information

Taxes
$4,126
Interior Features
Main Level Primary
Appliances
Dishwasher
Utilities
Cable Not Available
Heating
Central
Air Conditioning
Ceiling Fan(s), Electric
Exterior Construction
Block
Roof
Shingle
Elementary School
David Lawrence Jr. K-8
Middle School
North Miami
High School
Alonzo and Tracy Mourning

Listing courtesy of United Realty Group Inc.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks