121 NE 55th St, Miami FL 33137
Basics
- Price per sqft: $419.06
- Category: Residential Income
- Type: Quadruplex
- Status: Active
- Floors: 2
- Area: 4176 sq ft
- Lot size: 0 sq ft
- Year built: 1924
- Year remodeled: Resale
- MLS ID: A11739510
Description
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Description:
*** FINANCING !!! ***
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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
- Neighborhoods: TRANQUILLA