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Multi Family - LITTLE RIVER GARDENS for Sale

7525 NE MIAMI CT, MIAMI, FL 33138

Asking Price$999,999

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  • Living 2454sqft
  • Taxes $7,310
  • Year Built 1947
  • Days on market:

    9 day(s)
  • Adjusted Area:

    1804 sqft
  • Original Price:

    $999,999
  • Price per sqft:

    $407.5
  • Tax 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
  • Tax Year:

    2022
  • Property Type:

    Multi Family
  • Style:

    Fourplex
  • Roof:

    Other
  • Cooling Description:

    Other
  • Heating Description:

    Other
  • Floor Description:

    Other
  • Lot Features:

    Less Than 1/4 Acre Lot
  • Type of Association:

    None

Description

$999,999 • living size area 2454 sqft

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.recent renovations: new bathrooms, new kitchens, new electrical, new plumbing, new mechanical

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