Basics
- Category: CommercialSale
- Type: Multifamily
- Status: Active
- Bathrooms: 0
- Floors: 2
- Lot size: 7150, 7150 sq ft
- Year built: 1925
- County: Miami-Dade
- Lease Term: TwelveMonths
- MLS ID: A11633696
Description
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Description:
25 53 41 NORTHERN BLVD TR PB 2-29 LOT 18 BLK 2 LOT SIZE 50.000 X 143 OR 15537-2155 0592 3 COC 25410-3816 02 2007 1 Wynwood North Multifamily Develpoment and income producing building. 8 unit building 100 % lease with excellent Return on investment. Build was upgrade with impact windows, new Ac and new water heater about 10 years ago. Steady annual increase in rental income bring the CAP rate to a healthy 6.2 % .The caviar on the deal is the zoning allowances to build up to 21 units with no parking restrictions and change in your own time the future of the property by collecting rent thru the process of approval and when ready develop your new multifamily building with the potential to sale as condo with a huge appetizes for relocating to the area .Lot size is 50 w x 143 L . Please call listing agent for more information's on flyer of income and expenses and rent rolls. Investor & developer welcome.
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Location
- Directions: Please google property address, do not disturbed tenants building showing only by appointment Accompany by broker listing agent.
Building Details
- Structure Type: Apartment
- Water Source: Public
- Architectural Style: Detached
- Construction Materials: Block
- Covered Spaces: 0
- Levels: Two
- Number Of Buildings: 1
- Floor covering: CeramicTile
Amenities & Features
- Security Features: Fenced,SecurityGate,SmokeDetectors,SecurityLights
- Roof: Barrel
- Heating: Central,Electric
Expenses, Fees & Taxes
- Tax Annual Amount: $13,810
Miscellaneous
- List Office Name: Brickell Realty Group, LLC
- Listing Terms: Cash
Ask our real estate expert about this property
This Multifamily-type commercial real estate is located in 345, 34th St, Miami, FL, 33127 was built in 1925, and is listed at $2,300,000.