1501 NW 42nd St

1501 NW 42nd St Miami 33142
4 bedrooms | 3 bathroom | 0 half bath | 1,458 sqft

$549,000

Property Details

MLS #
A11789412
Unit #
Address
1501 NW 42ND ST  map  
Bedrooms
4
Bathrooms
3
Living Area (f2)
1,458
Living Area (M2)
135
Lot Size (f2)
5,000
Year Built
1940
Waterfront
Status
Active
Listing Type
Single Family
Maintenance Fee
$0
Complex
NORTH MIAMI ESTATES
Days On Market
6
Pool
Pets Allowed
N/A
Parking Spaces
1

Magic City Realtors

Broker
Magic City Realtors

 305-570-4898 

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Property Description

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.

Property Amenities

Equipment

  • Microwave
  • Refrigerator

Interior Features

  • First Floor Entry
  • Other

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Recent Sales

Unit # Closed Date Sold Price List Price Bed Bath
12/10/2024 $415,000 $449,000 2 1
11/08/2024 $400,000 $399,999 2 2
11/04/2024 $480,000 $480,000 3 2
10/31/2024 $425,000 $425,000 3 2
10/30/2024 $375,000 $399,900 2 2

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