128 NW 53rd St Active Save Request In-Person Tour Request Virtual Tour
Miami,FL 33127
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,805 sqft
Price per Sqft $320
Subdivision Railway Shops Addn 2Nd Am
MLS Listing ID A11849204
Construction Status Effective Year Built
HOA Y/N No
Year Built 1930
Annual Tax Amount $10,809
Tax Year 2024
Property Sub-Type Duplex
Property Description
Fausto Commercial proudly presents a high-yielding investment opportunity in the heart of Miami—a fully rented income-producing duplex with two additional units! This dynamic property currently generates over $7,000/m in rental income, with an extra $300/month on average from the on-site coin laundry. T4-R zoning allows it to comply within conforming use limits
The property features a total of four units: a spacious 3-bedroom, 1-bathroom main house and three 1-bedroom, 1-bathroom units—making it ideal for investors seeking solid cash flow. Main house boasts a brand-new central AC, other units are equipped with efficient window units. Roof was replaced just two years ago, ensuring peace of mind for years to come. 2 parking spaces with abundant street parking. Please do not disturb tenants.
Location
State FL
County Miami-dade
Community Railway Shops Addn 2Nd Am
Area 32
Interior
Heating Central
Cooling Central Air,Ceiling Fan(s),Wall/Window Unit(s)
Flooring Tile
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Shingle
Total Parking Spaces 2
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Construction Status Effective Year Built
Others
Tax ID 01-31-24-013-0460
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11849204