Property Description
*** FINANCING !!! ***
Buyer may qualify for a $1M loan, IO for 3 years @ market rate.
This fully rented 8-unit building is a prime investment opportunity! Recently renovated with room for rent increases, it currently generates $12,700 in gross income with a projected gross income (PGI) of $14 to $15K. Managed by the owner with very low expenses, this property offers great cash flow potential. Located in a rapidly developing area with major changes and new multifamily construction on the horizon, this property has incredible future upside.
Features
: Other
: 8
: Other
: 1/4 To Less Than 1/2 Acre Lot
: Other
: Public Sewer
Address Map
FL
Miami-Dade County
Miami
33137
121 NE 55th St
TRANQUILLA
0
W81° 48' 22.5''
N25° 49' 35.1''
TRANQUILLA
MLS Addon
: Detached
: Other
15
: All Cash, Conventional
: Substantially Remodeled
: Water, Trash Collection
2
: Quadruplex, Fourplex
$18,688
2023
3900
Residential Income For Sale
121 NE 55th St, Miami, Florida 33137
4,176 Sqft
$1,875,000
Listing ID #A11739510
Basic Details
Property Type : Residential Income
Property SubType : Quadruplex
Listing Type : For Sale
Listing ID : A11739510
Price : $1,875,000
Square Footage : 4,176 Sqft
Year Built : 1924
Building Area : 4,176 Sqft
Status : Active
