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121 NE 55th St, Miami FL 33137

Multi-family For Sale
$1,975,000

BTC: 29.41430971

ETH: 742.72133096

1 days
0 room(s)
4,176 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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. Don’t miss out on this fantastic investment in one of Miami’s hottest growing neighborhoods!

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1924
Lot:
No Data
Heating:
None
Price/sqft:
$473
Cooling:
Other
HOA:
No Data
All facts and features
  • Flooring

    • Other

    Heating

    • None

    Cooling

    • Other

  • Other Property Information

    • Parcel Number: 01-31-13-064-0210

    • Zoning: 3900

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $17,376

  • Source details

    • MLS ID: A11679941

    Other facts

    • Construction Materials: Other

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Architectural Style: Detached

    • Living Area: 4176

    • Subdivision Name: TRANQUILLA

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: City Group Consulting, LLC