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$990,000
Proud to present a strong multifamily asset located in the little river neighborhood. the property is comprised of 5 units with two spacious 2/1s and three studio apartments. currently grossing $86,400 with the ability to increase rental income by 25%, this opportunity allows for an investor to buy into a strong cap rate, add value and quickly capitalize on one of the fastest growing neighborhoods in miami. while this investment is best seen as a cashflow/ appreciation play. the property does sit on a t5 lot allowing a developer to develop up to 11 units.Gelfand Realty Miami Properties for Sale - Income/MultiFamily for Sale
Back 7525 NE MIAMI CT, MIAMI, FL 33138
Income/MultiFamily - for Sale
7525 NE MIAMI CT, MIAMI, FL 33138
Asking Price$990,000 Change Price$9,999
Share by:
- Lot size 7298sqft
- Taxes $7,310
- Year Built 1947
-
Days on market:
35 day(s) Original Price:
$999,999Tax Legal Description:
12 53 41 LITTLE RIVER GDNS PB 7-26 LOT 6 BLK 31 LOT SIZE 47.700 X 153 OR 15462-2047 0492 1 COC 22430-1587 06 2004 1-
MLS:
A11478628 -
Property Type:
Income/MultiFamily -
Inclusions:
Building & Land
Construction Type:
OtherSpecial Listing Conditions:
Sale
Description
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