South Florida Real Estate

Other

2072 NE 169th St 9, 11, 12 & 5

North Miami Beach , FL 33162

MLS#: A11648951

$1,075,000

Status: Active
Listing number: A11648951
Listing provided by: The Keyes Company
Listing agent phone: None
Last update: 9 days ago
On site: 1 year, 2 months ago
Browse Properties
2072 NE 169 ST CORP CONDO - Residential

Property

Beds

8

Full Baths

8

1/2 Baths

None

Year Built

1963

Sq.Footage

1,025

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

Features & Amenities

Interior

  • Other Interior Features

    Other

  • Total Bedrooms

    8

  • Bathrooms

    8

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Other

  • Pet friendly

    No

Exterior

  • Garage

    No

  • Construction Materials

    Other

  • Other Exterior Features

    Other

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Other

Area & Lot

  • Property Type

    Residential

  • Property Sub Type

    Condominium

  • Architectural Style

    Other

Price

  • Sales Price

    $1,075,000

  • Tax Amount

    2286.0

  • Sq. Footage

    1, 025

  • Price/SqFt

    $1,048

HOA

  • Association

    Yes

  • Association Fee

    $400

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Association Amenities

    Other

  • Senior Community YN

    NO

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Location

County

Miami-Dade

Elementary School

Middle School

High School

Listing Courtesy of David Heinrich , The Keyes Company

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Agent JarrodGaylis

Realtor

JarrodGaylis

Call Jarrod today to schedule a private showing.

(817) 682-7464

jgaylis@perfectpropertiesfl.com


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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

2072 NE 169th St 9, 11, 12 & 5

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