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$2,800,000
The subject property consists of two separate structures sitting on a 10,000 sf lot; a duplex with 3 bedrooms and 1 bathroom each on both the top and bottom floors, as well as an ancillary unit with 3 bedrooms and 2 bathrooms. all units are around 900 sf each. the property is currently 100% occupied with rents at $1,795 per month and a total gross income of $65,000. rents are on a month-to-month basis and are determined to be under-market. the property is best seen as a covered land play, offering an investor the opportunity to ultimately take advantage of the wynwood norte nrd-2 zoning overlay for low-intensity infill development. the site carries an increased density of 150 d/u per acre, allowing for approximately 33 units.Multi Family - for Sale
255 NW 32ND ST, MIAMI, FL 33127
Asking Price$2,800,000 Change Price$25,200,000
Share by:
- Lot size 10000sqft
- Taxes $9,399
- Year Built 1938
Description
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