2072 NE 169th St #9, 11, 12 & 5, North Miami Beach, FL 33162

$1,075,000

  • bed8 Beds
  • baths8 Baths
  • hold1,025 SQFT
  • hold $1048.78 /SQFT
  • % Change -2.27%
  • Living Area M² 95 m²
  • $ / M² $11,289
  • Maintenance Fee $400
  • Days on Market 434 day(s)
  • Waterfront? No
  • Pets Allowed? No
  • Furnished? No
  • Year Built 1963
  • MLS #
    A11648951
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Property 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) Pricing Selling as a portfolio only: $268,750 per unit Total Investment: $1,075,000

Amenities

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Interior Features

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Exterior Features

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Property Tax Information

  • Tax Amount: $2,286

  • Tax Year: 2023

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  • Principal & Interest The principal is the amount that you borrow from a lender. The interest is the cost of borrowing that money. $ 0,000
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For more information about this property:

Lucas Lechuga, PA

Luxe Living Realty
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305 - 428 - 3860
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[email protected]
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    A11648951
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2072 NE 169th St #9, 11, 12 & 5 has 8 Beds , 8 Bathrooms , and 1025 square feet. The asking price for this property is $1075000, or $1048 per square feet.

© The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Listing courtesy of : Interinvestments Realty, Inc., 305-220-1101