$1,750,000
55th St

121 NE 55th St, Miami FL 33137

Beds

Baths

SQFT 0

Garage

101 Years Built

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Home Details

*** 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.

Other Interior Features

Heating
None
Appliances
Living Area - SqFt
4176
Inside
Total - SqFt
0

General

MLS#
A11739510
Architectural Style
Detached
Bathroom Features
Living Area - SqFt
4176
Construction Materials
Other
Window Features
Total - SqFt
0

Neighbourhood

2MIDTOWN
BIRDS SUB
Paramount Bay

Location

*** 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.

Schedule Visit

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