$1,750,000 USD
Apartment for Sale, 121 NE 55th St, Miami, Florida 33137
- MLS#A11739510
388 m² (4,176 ft²)
Listed By City Group Consulting, LLC
The Apartment for Sale located at 121 NE 55th St, Miami, Florida 33137 is currently for sale. 121 NE 55th St, Miami, Florida 33137 is listed for $1,750,000.
Property features
Property
- Property size:
388 m² (4,176 ft²)
Construction
- Year built: 1924
- Condition: Remodeled
- Construction: Detached
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.
Location
121 NE 55th St, Miami, Florida 33137