Condo in North Miami Beach, Florida, 8 bedrooms № 1811568

17
Condo in North Miami Beach, Florida, 8 bedrooms  № 1811568
ID1811568 $ 1 100 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
1811568

Property description

PRICE REDUCED – FANTASTIC MULTIFAMILY INVESTMENT OPPORTUNITY Exceptional opportunity to acquire 4 rental apartments in a well-maintained 12-unit building. All units include separate electric meters, and tenants pay their own electricity All units included in the sale Unit #5 – 750 SF | Rented at $1,800/month Unit #9 – 1,025 SF | Rented at $1,685/month Unit #11 – 750 SF | Vacant Unit #12 – 785 SF | Rented at $1,500/month Value-Add Upside Units are currently well below market rents, allowing for significant rental growth and improved cash flow as leases turn.
Operating Details HOA Fee: $400/month per unit HOA Includes: Water + Garbage Tenant Paid: Electricity (separately metered) Pricing Selling as a portfolio only: $268,750 per unit Total Investment: $1,075,000
MLS #: A11648951
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CityNorth Miami Beach
Address2072 NE 169th St # 5, North Miami Beach FL 33162
TypeCondominium
Bedrooms8
Living space95.22 m²
  • sq. ft
Completion dateIV quarter, 1963
Parking typeOpen air
Price
  • Price
  • per m²
$ 1 100 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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