701 NW 1st St, Miami FL 33128,Miami,Miami-Dade County,Residential Income

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Residential Income Active

701 NW 1st St, Miami FL 33128

$1,275,000

Overview

Property ID: A11716299

Triplex
Property Type

3510
Square Feet

1925
Year Built

Description

Situated next to Brickell and the Miami River, just 1 minute from Brickell and popular spots like Sea Spice / Kiki onthe River. This multifamily property already generates an annual gross income of $108,000, making it a solidinvestment with positive cash flow from day one. Riverside is a vibrant area in Miami-Dade County. It offersresidents a dense urban feel with plenty of bars, restaurants, coffee shops, and parks. Most residents rent theirhomes. Just 5 minutes away from Brickell and 10 minutes from Downtown Miami and Wynwood. The propertyoffers parking availability and is located in a zone with excellent potential for future appreciation.