Turnkey 3-Unit Income Property with Semi-Absentee Management & Upside
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Income-producing multifamily property with $53K SDE and $75K+ revenue
This is a rare opportunity to acquire a fully operational, income-producing 3-unit multifamily property with minimal owner involvement and significant upside potential. The business is currently operated in a semi-absentee capacity, requiring approximately 3 hours per week, with a tenant assisting in day-to-day coordination.
The property currently generates $44,814 in annual revenue, with normalized Seller’s Discretionary Earnings (SDE) of approximately $53,000. With full occupancy and optimized rental rates, projected revenue exceeds $75,000 annually, increasing SDE to an estimated $80,000+.
Recent capital improvements, including air duct replacement, a new AC motor, and interior updates, reduce near-term capital expenditure and position the property for continued performance.
This turnkey asset is ideal for an investor seeking a stable, low-management investment with immediate income and clear opportunities to increase profitability.
Investment Highlights
Semi-absentee ownership (~3 hours/week)
On-site tenant assisting with operations
Major system upgrades completed
Strong rental demand in the area
Significant revenue upside (~$30K+ gap)
Fully furnished units with appliances and operational systems included
The property currently generates $44,814 in annual revenue, with normalized Seller’s Discretionary Earnings (SDE) of approximately $53,000. With full occupancy and optimized rental rates, projected revenue exceeds $75,000 annually, increasing SDE to an estimated $80,000+.
Recent capital improvements, including air duct replacement, a new AC motor, and interior updates, reduce near-term capital expenditure and position the property for continued performance.
This turnkey asset is ideal for an investor seeking a stable, low-management investment with immediate income and clear opportunities to increase profitability.
Investment Highlights
Semi-absentee ownership (~3 hours/week)
On-site tenant assisting with operations
Major system upgrades completed
Strong rental demand in the area
Significant revenue upside (~$30K+ gap)
Fully furnished units with appliances and operational systems included
About the Property
- Type
- Multi-Family
- Building Status
- Established
- Facilities & Assets
- 3-unit multifamily residential property
Total structure area: 2,343 sq ft | Interior livable area: 1,718 sq ft
Fully furnished with appliances
Recent capital improvements (AC system, ductwork, interior upgrades)
Operational systems in place
Tenant-assisted management support included - Location Description
- Located in a high-demand area of Miami near Miami Dade North Campus, this 3-unit property enjoys strong rental demand and easy access to local amenities, shopping, and transportation. The neighborhood supports consistent occupancy and long-term investment potential.
- Current and Prior Use
- Currently operated as a 3-unit residential rental property with tenant-assisted management. Two of three units are leased through June 2026 and January 2027. Income-producing since purchase in 2023, fully furnished with recent upgrades. Originally served as a single-family home.
- Year Built
- 1951
About the Sale
- Furniture, Fixings and Equipment
- Included in Asking Price
- Financing
- Cash or conventional loan preferred; open to limited seller financing.
- Current Property Expenses
- Current property expenses include cleaning, maintenance, utilities (~$7,200/year) and property taxes with recent air duct loan (~$11,500/year). Owner personal expenses and mortgage not included. Seller will pay off air duct loan at closing.
Listing Info
- ID:
- 2468802
- Listing Views:
Business Location
Listing ID: 2468802 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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