This 8-unit boutique multifamily building located in one of the best areas in North Miami, just a few blocks from Biscayne Blvd amid shops and retail establishments including Whole Foods, Publix, CVS, Walgreens & more. This recently renovated property is now being offered for sale at $1,895,000. The property sits on an oversized lot (10,950 SF) and features a spacious unit mix of 7 (1BR/1 BA) & 1 (2BR/2BA) apartments with ample parking for all tenants & guests. All units are rented and provide a steady cash flow with gross rental income of over $167,000 per year. Recent updates include new Hurricane Impact windows, doors, fences, & complete exterior painting. Included are 20x20 porcelain tile floors, new countertops in kitchen and bathrooms, wood cabinets, updated showers, and bathtubs.
