15421 Southwest 39th Terrace, Miami, FL 33185, USA
$425,000
This well-maintained multi-tenant residential property, built in 2003, is ideally located in the heart of downtown Cedaredge
and is fully leased. Offering exceptional flexibility, this investment property presents multiple opportunities — continue
generating rental income, live in one unit while renting the others, or accommodate multi-generational living. Currently
configured and rented as a duplex, the property is already set up for easy conversion to a triplex with the addition of a studio
apartment and a stackable washer and dryer for the upstairs unit. Recent upgrades to the apartments enhance both comfort
and appeal, while private parking spaces and fenced private yards add convenience for tenants. The property is adjacent to
a pocket park honoring local Veterans and is within walking distance to downtown shops, restaurants, and amenities. A
detailed list of improvements is available upon request. Offered at a 6% CAP rate, this turnkey, income-producing property
is an excellent investment opportunity. Showings are available with the Broker and require a 48-hour notice to tenants.
