USD 1,850,000

North Miami Beach, Florida 33162

Beds
Baths 0

Property Description

Excellent investment opportunity in a fantastic location. Rarely 8 units 2 bedroom 1 bathroom multifamily with 100% occupancy, centrally located closed to AVENTURA and the beach. Gross income is $139.200 and the possibility to increase rental income to $182.400 in the current market. Potential to increase net income from 5.5% to 7.7%.

Listed by Direct Realty Solutions

Property Details

ID #
A11197846
Status
Sale
Type
Commercial, Industrial, Income/Multi-Family 5+
Zip Code
33162
Year Built
1956
Parking Spaces
8
Building Feature
Air Conditioning, Smoke alarms
Roof Material
Tile roof
Water Source
City/mains water
Septic
Septic tank
Construction
CBS Construction
Floor
Tile Floors
Lease Term
Annual Lease
Miscellaneous
Exterior Lighting
Occupancy
Tenant Occupied
Parking
Assigned Parking
Road Frontage
City Road
Type of Building
Residential-Multi-Family
Zoning Information
3800

Neighbourhood Map

Map is not available for this listing
Listing content provided by the Miami Association of REALTORS
Disclaimer: BBC: 2%, The offer of compensation is made only to participants of the MLS where the listing is filed.

Similar Listings