$1,075,000
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2072 NE 169th St Unit 9, 11, 1 North Miami Beach, FL 33162
Condo
Residence
8
Beds
8
Baths
1,025
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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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
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MLS#
A11648951
Property Type
Condo
Bedrooms
8
Bathrooms
8 Full
Year Built
1963
HOA Fee
$400
Monthly
Square Feet
1,025
sq. ft
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