7525 NE Miami Ct, Miami FL 33138
7525 NE Miami Ct, Miami FL 33138
$930,000
Basics
- Date added: Added 10 months ago
- Category: Residential Income
- Type: Quadruplex
- Status: Active
- Area, sq ft: 2454 sq ft
- Year built: 1947
- Subdivision Name: LITTLE RIVER GARDENS
- Rent Includes: Electricity, Gas, Hot Water, Gardener, Sewer, Trash Collection
- County Or Parish: Miami-Dade County
- DOM: 98
- Lot Size Square Feet: 0 sq ft
Description
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Description:
Proud to present a strong multifamily asset located in the Little River Neighborhood. This 5 unit multifamily consists of 2 buildings with two spacious 2/1 and three studio apartments.
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Currently grossing $87,600 with the ability to increase rental income by 25%, this opportunity allows for an investor to buy into a strong cap rate, add value and quickly capitalize on one of the fastest growing neighborhoods in Miami. While this investment is best seen as a cashflow/ appreciation play. The property does sit on a T5 lot allowing a developer to develop up to 11 units. Recent Renovations: New bathrooms, New Kitchens, New Electrical, New Plumbing, New Mechanical.
Location
- Parking Total: 4
- Street Name: Miami Ct
- Street Number: 7525
- State: FL
- Province: FL
- Zip / Postal Code: 33138
Building Details
- Number Of Units Total: 5
- Building Area Total: 2454 sq ft
- Year Built Details: Effective Year Built
- Building Name: LITTLE RIVER GARDENS
- Roof: Other
Amenities & Features
- Architectural Style: Other
- Sewer: Other
- Cooling Yes / No: Yes
- Cooling: Other
- Heating: Other
- Flooring: Other
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