121 Ne 55th St St
Miami, Florida
$1,975,000 Rental Price
- Bedrooms   - Baths

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....

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!

Listing courtesy of City Group Consulting, LLC

 

Listing Details

Miami, Florida
Type: Rental
Price: $1,975,000
Approx. square footage: 4,176 sf
Web ID: 11679941
MLS ID: A11679941

Info & Amenities

Type: Quadruplex
Built: 1924
Pool: Yes

Map of Area for 121 NE 55th St St

Listing Agent(s)