Excellent multi-family investment opportunity in Miami!
This 2-bedroom, 1-bathroom multi-family property at 1339 NW 102nd St offers 440 sqft of living space and was built in 1949. While the square footage may seem compact, Miami’s multi-family market is experiencing intense construction activity and sustained demand driven by population and job growth, making rental properties highly desirable. With an asking price of $425,000, this property is poised to generate strong rental income in a market where 2-bedroom apartment rents currently average between $2,600 and $3,171. The Miami housing market is currently a buyer’s market, with increased inventory and more negotiation power for buyers, making this a strategic acquisition for investors looking to capitalize on Miami’s robust rental market and long-term appreciation potential.
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