About 121 Ne 55th St
*** FINANCING !!! *** Buyer may qualify for a $1M loan, IO for 3 years @ market rate. 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.
Features of 121 Ne 55th St
| MLS® # | A11739510 |
|---|---|
| Price | $1,750,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,176 |
| Acres | 0.00 |
| Year Built | 1924 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Style | Fourplex |
| Status | Active |
Community Information
| Address | 121 Ne 55th St |
|---|---|
| Area | 31 |
| Subdivision | TRANQUILLA |
| City | Miami |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33137-2465 |
| HOPA | No Hopa |
Amenities
| Utilities | Cable Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Other |
|---|---|
| Heating | None |
| Cooling | Other |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Roof | Other |
|---|---|
| Construction | Other |
Listing Details
| Office | City Group Consulting, LLC |
|---|