Six-unit apartment building for sale in North Miami, FL 33161. Fully leased value-add multifamily, 1959 CBS construction, 3,502 SF on a 6,750 SF lot. Roof and AC both replaced within the last five years, so capital goes into interiors instead of major systems. Six separate electric meters are tenant-paid, one water meter owner-paid. Every unit has a private exterior entry, no common corridors and no elevator. On-site striped parking. In-place rents are below market for comparable North Miami units, with upside on turnover. Minutes to Biscayne Boulevard, FIU Biscayne Bay, the 125th Street corridor and I-95. Small multifamily rarely trades in this pocket. Full listing package with rent roll and financial summary is attached.
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Listing Snapshot
Price
$1,050,000
Days On Site
0 Days
Bedrooms
N/A
Inside Area (SqFt)
3,502 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.155 Acres
Year Built
1959
MLS Number
A12119821
Status
Active
Property Tax
$19,827
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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