$2,000,000 $10,736 est/mo Sourced by Back At You

220 NW 16th Ter,Miami, FL 33136

Miami FL, 33136

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Description

We are pleased to present a Great Opportunity for Investors with this 10-unit Multi Family Apartment Building. This property consist s of 10 one-bedroom/ one-bathroom units totaling 5,453 rentable sq feet and a total of 10,500 sq ft lot. Property built in 1937, Owned by current owner for 25 years. Roof repaired in 2018. This is a perfect opportunity for investors who are looking to renovate and stand out with other property within this new Wynwood Like community. Property is being sold AS-IS and offered at 2,500,000. This property is a true treasure, just 5 mins from MIDTOWN and FASHION DISTRICT. After renovation and marketing units at market price there will be a great increase in yearly income.

Details

MLS#A11540197
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusPending
Year1964
Days On Site57
Listing Provided ByElite Realty Partners, Inc. | Ayesha Malik

Features

SQ Feet5,453
Story(s)2
Zoning6107
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Miami Board of Realtors®

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Learn More About This Property

StateFL
CountyMiami Dade County
CityMiami
Zip Code33136
Area31
Community NameERICKSONS SUB
Listing VS Median (in ERICKSONS SUB)
Price:
$2,000,000
low | high
Med:
$1,787,500
60.625% of Average
SqFt:
5,453
low | high
Med:
4,491
67.650834403081% of Average
$ / SqFt:
$367
low | high
Med:
$407
39.140625% of Average
On Site:
57
low | high
Med:
125.000000
45.6% of Average
Sourced by Back At You
Listing Updated: April 22, 2024 at 4:59:27 PM PDT