2072 NE 169th St 9, 11, 12 & 5
9, 11, 12 & 5, 2072, 169th St, North Miami Beach, FL, 33162Basics
- Category: Residential
- Type: Condominium
- Status: Active
- Bedrooms: 8
- Bathrooms: 8
- Half baths: 0
- Total rooms: 0
- Floors: 2
- Area: 1025 sq ft
- Year built: 1963
- View: Other
- Subdivision Name: 2072 NE 169 ST CORP CONDO
- County: Miami-Dade
- MLS ID: A11648951
Description
-
Description:
2072 NE 169 ST CORP CONDO APT 9 SECOND FLOOR UNDIV 9.091 % INT IN COMMON ELEMENTS CLERKS FILE 63R-130531 OR 18689-4412 0599 1 COC 22489-1772 PRICE REDUCED – FANTASTIC MULTIFAMILY INVESTMENT OPPORTUNITY
Exceptional opportunity to acquire 4 rental apartments in a well-maintained 12-unit building. All units include separate electric meters, and tenants pay their own electricity
All units included in the sale
Unit #5 – 750 SF | Rented at $1,800/month
Unit #9 – 1,025 SF | Rented at $1,685/month
Unit #11 – 750 SF | Vacant
Unit #12 – 785 SF | Rented at $1,500/monthValue-Add Upside
Units are currently well below market rents, allowing for significant rental growth and improved cash flow as leases turn.Operating Details
Show all description
HOA Fee: $400/month per unit
HOA Includes: Water + Garbage
Tenant Paid: Electricity (separately metered)
Pricing
Selling as a portfolio only:
$268,750 per unit
Total Investment: $1,075,000
Location
- Directions: GPS
Building Details
- Architectural Style: Other
- Construction Materials: Other
- Covered Spaces: 0
- Garage Spaces: 0
- Floor covering: Other
Amenities & Features
- Parking Features: OnStreet
- Security Features: Other
- Association Amenities: Other
- Cooling: CentralAir
- Exterior Features: Other
- Heating: Other
- Interior Features: Other
- Appliances: ElectricRange,Refrigerator
Expenses, Fees & Taxes
- Association Fee: $400
- Tax Annual Amount: $2,286
- Tax Year: 2023
Miscellaneous
- Association Fee Frequency: Monthly
- List Office Name: The Keyes Company
- Listing Terms: Cash,Conventional
- Attribution Contact: 305-926-3106