
Courtesy of: Dana Dellacamera, Keller Williams Eagle Realty, DanaDellaCamera@KW.com
$2,875
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2 bed
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2.00 Bath (2 Full)
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Lot: 0.12 Acres
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Single Family Attached
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$2,875
435 NE 69th St 1 Located in Miami’s rapidly evolving Upper Eastside corridor, legal upper / lower duplex presents a compelling opportunity for investors seeking stable rental income with future upside. This 2, 074 SF multi-family property is currently fully leased, generating $67, 200 in gross annual income. 2 spacious units, each with 2 BR's and 2 bath. The upstairs residence includes a den that has been converted into a 3rd BR, offering added rental flexibility and increased income potential, while the downstairs unit is a well-configured 2BR/2BA layout. Positioned in a desirable pocket near Morningside, the property benefits from strong rental demand and proximity to neighborhood amenities. Nearby comparables shows the buyer's insatiable appetite for specifically multi-family, reinforcing the area's ongoing investment activity. Residents enjoy convenient access to local markets, cafés, & nearby educational institutions including Morningside K-8 Academy & Elementary School, & Cushman School. With immediate cash flow, flexible unit layouts, and a location in one of Miami’s steadily appreciating neighborhoods with current income & growth. Current tenants are NOT short-term but current tenant is operating as AIRBNB & easily double the cap rate closer to 12%. Please ask for a walk-through video. 4 parking. Roof & AC units are 8-10 yrs old. Elect panels 2015, HWH 2019. 60 day notice if you no longer want current tenants.
Courtesy of: Dana Dellacamera, Keller Williams Eagle Realty, DanaDellaCamera@KW.com
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