Property Description

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.

Features
Cooling System
Parking Features
Roof
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
North Miami
Zipcode:
33161
Street:
12195 Ne 11th Pl, North Miami, Florida 33161
Longitude:
W81° 49' 31.9''
Latitude:
N25° 53' 16.5''
MLS Addon
Building Area:
3,502 Sqft
Construction Materials
DOM:
1
Electric
Flooring
Internet Address Display:
1
Internet Listing Display:
1
Lot Features
Parcel Number:
06-22-29-031-0470
Structure Type:
Apartment
Tax Annual Amount:
$19,827
Virtual Tour:
Click Here

Commercial Sale For Sale

12195 Ne 11th Pl, North Miami, Florida 33161, North Miami, Florida 33161

6,750 Sqft
$1,050,000
MLS # #A12119821
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Price :
$1,050,000
Year Built :
1959
Lot Area :
6,750 Sqft
MLS # :
A12119821
Agent info
Contact Agent