Basics
Date added Added 22 hours ago | Category Income/MultiFamily | Type Commercial Sale | Status Active |
Lot size, sq ft 7150 sq ft | Year built 1925 | LeaseTerm Annual Lease | ListOfficeName Brickell Realty Group, LLC |
ListAOR Miami Association of REALTORS® | MLS ID A11682606 |
Description
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Description:
Wynwood North Multifamily Develpoment and income producing building. 8 unit building 100% lease with excellent Return on investment. Building was upgrade in 2008 with impact windows, new Ac and water heater. Steady annual income of $181,200 with an option for annual increase in rental bringing the CAP rate to a healthy 6.5%. The zoning is T4-R High Density Multifamily residential. The density of the Lot is 150 Units per Acres with up to 3 Levels and 24 units of new construction, with no parking restrictions. Lot size is 50 w x 143 L . Please call listing agent for more information's on flyer of income and expenses and rent rolls. Investor & developer welcome.
Location
- Directions: Please google property address, do not disturbed tenants building showing only by appointment Accompany by broker listing agent.
- CountyOrParish: Miami-Dade County
Building Details
- NewConstructionYN: No
- Heating: Central Electric
- Roof: Barrel Roof
Video
- Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11682606
Amenities & Features
- Security Features: Smoke Detector(s), Security Fence, Security Gate, Security Lights
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- CoolingYN: No
- PoolPrivateYN: No
- FireplaceYN: No