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Gelfand Realty Miami Properties - Multi Family

2244 NW 7TH ST, MIAMI, FL 33125

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Multi Family -

2244 NW 7TH ST, MIAMI, FL 33125

Asking Price$1,200,000

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  • Days on market:

    93 day(s)
  • Original Price:

    $1,200,000
  • Tax Legal Description:

    MC KENZIE SUB PB 9-39 LOT 9 LESS N10FT BLK 1 LOT SIZE 50.000 X 127 OR 16587-1273 1194 1
  • Property Type:

    Multi Family
  • Special Listing Conditions:

    Sale

Description

$1,200,000

Income-generating mixed-use investment of two contiguous parcels in zone t6-8-0. although listed separately (folios 01-4103-029-0080 & 01-4103-029-0070), both will be conveyed as a single package. parcel .0080 includes a fully leased office building generating $8,240/month, one-bedroom apartment ($2,000/month) and studio ($1,100/month). parcel .0070 features a 3-bed/1-bath house ($2,500/month), a studio ($1,250/month) and two one-bedroom apartments ($2,000/month each). combined monthly income totals $19,090. zoning t6-8-0 permits mixed-use development and future redevelopment potential. high-demand location near retail, transit and major thoroughfares supports immediate cash flow and long-term appreciation. contact the listing agent for full financials and showing instructions.

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