121 NE 55th St, Miami FL 33137

121 55th St, Miami, FL, 33137
$1,750,000

Basics

Date added Added 9 hours ago Category Type Status
Area, sq ft 4176 sq ft Lot size, sq ft 0 sq ft Year built 1924 SubdivisionName TRANQUILLA
ListOfficeName City Group Consulting, LLC ListAOR Miami Association of REALTORS® RentIncludes Trash Collection, Water MLS ID A11739510

Description

  • Description:

    *** 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.

Location

  • CountyOrParish: Miami-Dade County

Building Details

  • Cooling features: Other
  • ArchitecturalStyle: Detached
  • ParkingTotal: 8
  • NewConstructionYN: No
  • Building Name: TRANQUILLA
  • Exterior material:
  • Roof:
  • Heating: None

Amenities & Features

  • Waterfront available: No
  • GarageYN: No
  • AttachedGarageYN: No
  • CoolingYN: Yes
  • PoolPrivateYN: No
  • FireplaceYN: No

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This style property is located in Miami is currently and has been listed on Igor Presman Commercial Real Estate. This property is listed at $1,750,000. It has bedrooms, bathrooms, and is 4176 sq ft. The property was built in 1924 year.

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