$1,075,000
$25k
2072 NE 169th St Units 9,11,12 and 5, North Miami Beach, FL 33162
- 8Beds
- 8Baths
- 1025SqFt
- 8Beds
- 8Baths
- 1025SqFt
- Property TypeCondo
- Year Built1963
- HOA Fees$400/mo
- Price per Sqft$1049
- On highrises475 Days
Property Details
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) Pricing Selling as a portfolio only: $268,750 per unit Total Investment: $1,075,000
Property Features
Bedrooms
- Bedrooms: 8
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- David Heinrich
- state license#3187652
- Brokered by:
- Keyes - Aventura
- (754) 399-1650