Miami, FL 33142 1501 NW 42nd St
$549,000
5 more
Presented By: This listing is courtesy of Fortune Christie's International Real Estate;
Beds • 4
Baths • 3
SQFT • 1,458
Garage • 1
Home Details
Investor Opportunity! Spacious 4-bedroom, 3-bathroom home currently configured as a multi-unit rental property generating strong cash flow. The property consists of three separate units: a 2 bed / 1 bath rented for $2,300, a 1 bed / 1 bath rented for $1,300, and a studio unit (0 bed / 1 bath) rented for $1,000 — for a total monthly income of $4,600. Great potential for long-term investment or future redevelopment. Centrally located in Miami with easy access to major highways, shopping, and dining.
Presented By: This listing is courtesy of Fortune Christie's International Real Estate;
Interior Features for 1501 NW 42nd St
Bedrooms
Total Bedrooms4
Bathrooms
Half Baths0
Total Baths3
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringOther
Heating Y/NYes
Interior AmenitiesBedroomOnMainLevel, FirstFloorEntry
General for 1501 NW 42nd St
Additional Parcels Y/NNo
AppliancesMicrowave, Refrigerator
Architectural StyleDetached, OneStory
Attached Garage No
Carport Y/NNo
CityMiami
Construction MaterialsBlock
CoolingCentralAir
CountyMiami-Dade
Electric On Property Y/NNo
Facing DirectionSouth
Full Baths3
Garage Spaces1.0
Garage Y/NYes
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionNORTH MIAMI ESTATES PB 5-48 LOT 12 BLK 26 LOT SIZE 50.000 X 100 COC 26123-0212 12 2007 3
Listing TermsCash, Conventional, VaLoan
Lot Size Square Feet5000.0
Lot Size UnitsSquareFeet
MLS Area31
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeTenant
Patio/Porch FeaturesOpen, Porch
Pool FeaturesNone
PossessionOther
PostalCityMiami
Property Attached Y/NNo
Property Sub Type AdditionalSingleFamilyResidence
Property SubtypeSingleFamilyResidence
Property TypeResidential
Rent Control Y/NNo
RestrictionsNoRestrictions
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories1
Subdivision NameNORTH MIAMI ESTATES
Tax Annual Amount7742.0
Tax Year2024
Total Rooms0
ViewNone
Virtual TourClick here
Waterfront Y/NNo
Year Built1940
Year Built DetailsResale
Zoning Description5700
Exterior for 1501 NW 42nd St
Building Area Total1542.0
Covered Spaces1.0
Crops Included Y/NNo
Exterior AmenitiesPorch
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot, LessThanQuarterAcre
Lot Size Area5000.0
Open Parking Y/NNo
Parking FeaturesOnStreet
Private PoolNo
SpaNo
Water SourcePublic
Additional Details
Price History
Marlen Ybarz
Realtor®
