Commercial property in North Miami Beach, Florida № 1811569
18

ID1811569
$ 1 100 000
- EUR €
- USD $
- RUB ₽
- GBP £
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)
Selling as a portfolio only:
$268,750 per unit
Total Investment: $1,075,000
MLS #: A11648497
Contact the seller
CityNorth Miami Beach
Address2072 NE 169th St # 12, North Miami Beach FL 33162
TypeCommercial property
Completion dateIV quarter, 1963
Price
- Price
- per m²
$ 1 100 000
- EUR €
- USD $
- RUB ₽
- GBP £
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