265 NE 116th St, Miami FL 33161
$1,398,000
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2860
Duplex, Residential Income
Fully renovated, income producing duplex with separate cottage, located close to Barry University. This turnkey multi family property is ideal for an investor seeking strong rental income in a high demand area. The property has been thoughtfully updated with new kitchens and baths, plus washer and dryer in each unit, offering clean, modern living spaces. In addition to the duplex, there is a detached cottage in the rear that allows for additional rental income, creating a flexible income producing setup within one property. Currently generating $8500 per month, this property presents an established income stream in a thought after pocket, between Biscayne Park and Miami Shores that continue to see consistent rental demand driven by students, faculty and local professionals. A solid, renovated asset in a proven rental market, with reliable income potential.
This duplex home located at 265 NE 116th St, Miami FL 33161 is currently for sale and has been available on Brickellsold for 26 days. This property is listed at $1M. It has N/A beds, N/A bathrooms, and is 2860 square feet. It was built in 1951. 265 NE 116th St, Miami FL 33161 is in Miami county Miami-Dade County.