1581 NE 117 Street, Miami, FL 33161
1 / 29

Active

$699,000

1581 NE 117 Street, Miami, FL 33161

3 Beds
2 Baths
1,440 Sq Ft
1974 Year Built

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!

Property Details

MLS Number
A11927844
Property Type
Single Family Residence
City
Miami
County
Miami-Dade
Subdivision
BISCAYNE SHORES UNIT 4
Garage
0 spaces