Multifamily For Sale
2072 Ne 169th St, Unit APARTMENTS591112, North Miami Beach, FL 33162

$1,075,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11648497
  • Virtual Tour: YES
  • Unit Number:APARTMENTS591112
  • List Price: $1,075,000
  • Taxes:$2,289
  • Year Built:1963
  • Listing Date:August 27, 2024
  • Days On Market:462

Description


PRICE REDUCED – FANTASTIC MULTIFAMILY INVESTMENT OPPORTUNITY Exceptional opportunity to acquire 4 rental apartments in a well-maintained 12-unit building. All units include separate electric meters, and tenants pay their own electricity All units included in the sale Unit #5 – 750 SF | Rented at $1,800/month Unit #9 – 1,025 SF | Rented at $1,685/month Unit #11 – 750 SF | Vacant Unit #12 – 785 SF | Rented at $1,500/month Value-Add Upside Units are currently well below market rents, allowing for significant rental growth and improved cash flow as leases turn. Operating Details HOA Fee: $400/month per unit HOA Includes: Water + Garbage Tenant Paid: Electricity (separately metered) Selling as a portfolio only: $268,750 per unit Total Investment: $1,075,000

Features


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Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker