$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 mechanicalMulti Family - LITTLE RIVER GARDENS for Sale
7525 NE MIAMI CT, MIAMI, FL 33138Asking Price$999,999
- 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 1Tax Year:
2022-
MLS:
A11481781 -
Property Type:
Multi Family -
Style:
Fourplex
Roof:
OtherCooling Description:
OtherHeating Description:
OtherFloor Description:
OtherLot Features:
Less Than 1/4 Acre LotType of Association:
None
Description
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