Miami Duplex — $4,600/Month + Upside to $6,600

This income-producing Miami duplex located at 1258 NE 109th St Miami, FL 33161 is listed with an asking price of $600,000 and an ARV of $775,000+ featuring building type duplex, both units as 2/1, 1,921 sqft living, 6,250 sqft lot size, and year built 1954. Located just blocks from Biscayne Boulevard, it is currently generating $4,600 per month with both Section 8 tenants on month-to-month leases, featuring a recently sealed roof, wall units and mini split A/C, hurricane shuttles in all windows, 2 electrical meters, plenty of parking space, Section 8 paying $3,300 for 3/1s in this zip code, clear and marketable title, and comps including 1250 NE 110 ST sold for $750,000 and 11020 NE 10 AVE sold for $855,000.