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121 NE 55th St , Miami, FL 33137

  • $1,750,000
  • $1,875,000
121 NE 55th St , Miami, FL 33137
https://www.propertypanorama.com/instaview/mia/A11739510
  • Residential Income, Quadruplex
  • Property Type
  • Quadruplex
  • Property Sub Type
  • 4176
  • 1924
  • Year Built
Active
121 NE 55th St , Miami, FL 33137
121 NE 55th St , Miami, FL 33137
  • $1,750,000
  • $1,875,000
  • Address 121 NE 55th St
  • City Miami
  • State/county FL
  • Zip/Postal Code 33137
  • Area TRANQUILLA

Details

Updated on March 11, 2025 at 2:52 pm
  • Price: $1,750,000
  • Property Size: 4176
  • Garage Size: x x
  • Year Built: 1924
  • Property Type: Residential Income, Quadruplex
  • Property Status: Active
  • Property Sub Type: Quadruplex

Additional details

  • Listing Terms: Cash, Conventional
  • Roof: Other
  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Cooling: Other
  • Heating: None
  • Flooring: Other
  • County: Miami-Dade
  • Property Type: Residential Income
  • Pool: None
  • Architectural Style: Fourplex

Description

*** 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.

360° Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11739510

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Danielle Leidner-Peretz

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Danielle Leidner-Peretz
  • Danielle Leidner-Peretz