FL > North Miami Beach
North Miami Beach, FL 33162,2072 NE 169th St #Apartments # 5, 9, 11, 12
North Miami Beach, FL 33162,2072 NE 169th St #Apartments # 5, 9, 11, 12
North Miami Beach, FL 33162,2072 NE 169th St #Apartments # 5, 9, 11, 12
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Dennis Cordero, PA

Dennis Cordero, PA

+1(954) 874-5015
$1,075,000
Est. payment /mo
3,310 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,310 sqft

Price per Sqft $324

MLS Listing ID A11648497

HOA Y/N No

Year Built 1963

Annual Tax Amount $2,289

Property Sub-Type Multi Family

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)
Selling as a portfolio only:
$268,750 per unit
Total Investment: $1,075,000

Location

State FL

County Miami-dade

Area 22

Direction Use GPS

Exterior

Private Pool Yes

Others

Tax ID 07-22-09-012-0050

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11648497

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by The Keyes Company

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Dennis Cordero, PA

Dennis Cordero, PA

+1(954) 874-5015

Real Estate Advisor | License ID: 3074725

Real Estate Advisor License ID: 3074725

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