Duplex for sale | 994 NW 2 St, Miami, FL 33128 Pending

$249,900 4 bd, 2 ba, 1,761 sqft

Pending

249,900

FOR SALE

4

2

CDuplex in East Little Havana 994 NW 2 St, Miami, FL 33128

Description:

Description:

Zoned T-4R — Airbnb Income Estimated at $6,000 Monthly!!! East Little Havana duplex charmer is available. This 2 unit property sits on the corner in a very desirable area of Miami just steps away from Downtown Miami and close to so many transportation options. Duplex has a three-bedroom, one-bathroom main house and seperate one-bedroom, one-bathroom side-unit. Airbnb properties in the area can fetch as much as $149 a night per unit — that’s a potential $300 a night total! Twenty nights rented a month equals $6,000 in monthly income! The approximate net operating income for an Airbnb is about $50,000! The duplex sits on a 4,500-square-foot lot. The property, which is a Key-West-style wood-frame structure, is the good kind of frame, a historic bungalow, built in 1936. The units are well maintained, with tile flooring and functional kitchens and bathrooms. The property is zoned T-4R and sits in a mixed residential and commercial area. Standard, non-Airbnb rentals in the area generate about $3,000 a month for a three bedroom property and $1,500 a month for a one bedroom unit. That’s a monthly rental income of about $4,500! The new owner could rent the whole property or live in one unit and rent the other.

Comp:
404 N.W. 10th Ave – A frame construction, 5/3, 1,806-square-foot property, built in 1946, sold for $335,000 recently. The home has three units.

Property Details

Price:
$249,900
Address:
994 NW 2 St, Miami, FL 33128
City:
Miami
State:
Florida
Zip Code:
33128
Year Built:
1936
Terms:
For Sale
Property Type:
Home
Square Feet:
1,761
Bedrooms:
4
Bathrooms:
2
Const. Type:
CBS

Call (786) 565-8726 for more details

Property Location

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