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: A11682606
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. Building was upgrade in 2008 with impact windows, new Ac and water heater. Steady annual income of $181,200 with an option for annual increase in rental bringing the CAP rate to a healthy 6.5%. The zoning is T4-R High Density Multifamily residential. The density of the Lot is 150 Units per Acres with up to 3 Levels and 24 units of new construction, with no parking restrictions. 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
Ask our real estate expert about this property
This Multifamily-type commercial real estate is located in FL, Miami was built in 1925, and is listed at $2,300,000.