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$2,995,000
Est. payment /mo
6,298 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,298 sqft
Price per Sqft $475
MLS Listing ID A11859203
HOA Y/N No
Year Built 1946
Annual Tax Amount $21,176
Lot Size 0.297 Acres
Property Sub-Type Multi Family
Property Description
Introducing this rare 8 unit (each 1 BD / 1 BA) investment opportunity in a prime location on NE 6th Avenue in N Miami. Seller has completed close to 60% of the building's total remodel, which includes new interior structural components (completed), new rough plumbing throughout (completed), new impact windows (completed), new electrical throughout, new drywall throughout, new bathrooms and kitchens, new flooring, new finishes- all to follow. Remaining construction to take an estimated 4-6 months. ROI rental estimates range between $2,000 and $2,500 per unit, plus long-term development potential.
Location
State FL
County Miami-dade
Area 22
Exterior
Private Pool Yes
Others
Tax ID 06-22-30-023-0310
Acceptable Financing Cash
Listing Terms Cash
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Listed by Cisca Real Estate
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