1545 NW 8th Ter, Miami FL 33125

Description

This charming single-family home blends historical charm with modern finishes, offering both character and contemporary style. Located in the heart of Miami, this home is just minutes from River Landing Mall, Miami International Airport, Brickell, Marlins Stadium, hospitals, shops, and more! The property consists of two independent structures. The main house is a two-story building with four bedrooms and 2 ½ bathrooms. The in-laws' quarters are separate and have one bedroom and one full bathroom. This property is ideal for an investor who can rent both properties independently. In this way, it is a very attractive income-producing property. The main building with 4/2.5 is rented for an average of $4,600-$5,000. The inlaws are currently rented for $1,400 per month, but they could be rented for $1,700-$1,800. Another possibility is for a new owner to live in the main house and rent the in-laws' unit for extra income. Due to its central location, this home has easy access to shops, restaurants, good schools, and other parts of the city and the beaches. Downtown Miami is less than a mile away (0.91), making it an excellent, short trip to the many amenities this part of the city offers now and in the near future. In the corner of the street, there is the Grove Park, from the National Register Historic District.