New Listing - 10/21/2024

$1,975,000 ($472.94 per sqft)

Est. Mortgage $10,248/mo *

Quick Pre-Approval

121 NE 55th St, Miami, FL, 33137

121 NE 55th St, Miami, FL, 33137

1924

Fourplex

4,176 sqft

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!


Status:

Active

Type:

Multi-family

Zoning:

3900

Subdivision:

TRANQUILLA

Heating:

None

Cooling:

Other

Parking:

8-car

Est. Taxes:

$17,376

Construction

Other

Utilities

Cable Available

Lot Description:

1/4 to 1/2 Acre Lot

Pool:

None

MLS #:

A11679941


Community Info

School Info

Walk Score

Yelp



Listing courtesy of City Group Consulting, LLC Phone: 954-274-2274