121 NE 55th St Miami, FL 33137
Listing Courtesy of: MIAMI / City Group Consulting, LLC

  121 NE 55th St Miami, FL 33137

Active (1 Days)
$1,975,000

Description

This fully rented 8-unit building is a prime investment opportunity! Recently renovated with room for rent increases, it currently generates $12,700 in gross income with a projected gross income (PGI) of $14 to $15K. Managed by the owner with very low expenses, this property offers great cash flow potential.

Located in a rapidly developing area with major changes and new multifamily construction on the horizon, this property has incredible future upside. Don’t miss out on this fantastic investment in one of Miami’s hottest growing neighborhoods!

MLS #:
A11679941
Taxes
$17,376(2023)
Type
Multifamily
Year Built
1924
Style
Fourplex
County
Miami-Dade County
Community
Tranquilla

Listed By

Ouri Kahn, City Group Consulting, LLC
Source
MIAMI
Last checked Oct 22 2024 at 10:05 AM GMT+0000
Bathroom Details
Subdivision
  • Tranquilla
Heating and Cooling
  • Other
Flooring
  • Other
Exterior Features
  • Roof: Other
Utility Information
  • Utilities: Cable Available
  • Sewer: Public Sewer
Stories
  • 2
Living Area
  • 4,176 sqft
Location
   
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Disclaimer: Copyright 2024 Miami Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/22/24 03:05