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Gelfand Realty Miami Properties for Sale - Income/MultiFamily for Sale

1217 NE 127TH ST, NORTH MIAMI, FL 33161

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Income/MultiFamily - for Sale

1217 NE 127TH ST, NORTH MIAMI, FL 33161

Asking Price$1,745,000 Change Price$50,000

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  • Days on market:

    198 day(s)

  • Original Price:

    $1,845,000

  • Tax Legal Description:

    HAMPSHIRE HEATH PB 11-46 W1/2 LOT 8 & ALL LOT 9 LOT SIZE 10950 SQUARE FEET OR 20703-4422 09 2002 1 COC 24235-4184 02 2006 1

  • Property Type:

    Income/MultiFamily

  • Parking:

    Assigned Additional Spaces Available

  • Inclusions:

    Building & Land

  • Construction Type:

    Concrete Block Construction Plaster

  • Roof:

    Slate

  • Floor Description:

    Ceramic Floor

  • Special Listing Conditions:

    Sale

Description

$1,745,000

This 8-unit boutique multifamily building located in one of the best areas in north miami, just a few blocks from biscayne blvd amid shops and retail establishments including whole foods, publix, cvs, walgreens and more. the property sits on an oversized lot (10,950 sf) and features a spacious unit mix of 7 (1br/1 ba) and 1 (2br/2ba) apartments with ample parking for all tenants and guests. fully renovated with ample assigned parking for tenants and guests. new hurricane impact windows, fences, and exterior painting. included are 20x20 porcelain tile floors, new countertops in kitchen and bathrooms, updated showers, bathtubs. 40-year recertification completed. annual noi of $121,000 with current 6.53% cap rate. contact agent for full brochure including financials and rent roll

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