Investment Property in North Miami, FL

5535

Property ID

3,542 SqFt

Size

Description

Excellent Opportunity to own an investment property with enormous upside.

The property is a corner unit with the possibility of increasing the number of units too 22 units as per zoning.

The property currentlt has the ability to convert 2 units from 1/1 to 2/2 with minimal expense and effort. The unit are all currently rented with 4 of the 5 tenants being there for more than 2 years.

This a property is located directly across from a new 369 unit development in the up an coming area of North Miami.

Call today for appointments.

HIGHLIGHTS

  • Lot Features: Corner Lot
  • Number Of Buildings: 1
  • Documents Available: Books & Records, Copy Of Lease(S), Owner Managed, Photos, Rent Rolls
  • Flooring: Terrazzo, Tile
  • Construction Materials: Concrete Block Construction
  • Parking Features: Common
  • Security Features: Smoke Alarm, Smoke Detector(s), Security Lights
  • Insurance Expense: 7550
  • Buyer Agency Compensation: 2.5%

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Address

Address: 12610 NE 11th Ave, North Miami, FL
  • Country: United States
  • Province / State: Florida
  • City / Town: Miami
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  • Property ID 5535
  • Price $1,050,000
  • Property Type Multifamily
  • Property status For sale
  • Year Built 1955
  • Size 3,542 SqFt
  • Units 5
  • Floors 1

Contact

Cynthia Hill

Property Agent
+1 305-967-7200
chsellsflorida@gmail.com
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