Basic Information

  • MLS # A11739510
  • Type Duplex / Quad Plex / Triplex
  • Subdivision/Complex Tranquilla
  • Year Built 1924
  • Total Sqft 4,176
  • Date Listed 02/05/2025
  • Days on Market 291
Description

*** FINANCING !!! *** Buyer may qualify for a $1M loan, IO for 3 years @ market rate. This fully rented 8-unit building is a prime investment opportunity! Recently renovated with room for rent increases, it currently generates $12,700 in gross income with a projected gross income (PGI) of $14 to $15K. Managed by the owner with very low expenses, this property offers great cash flow potential. Located in a rapidly developing area with major changes and new multifamily construction on the horizon, this property has incredible future upside.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description

Interior Features

  • Adjusted Sqft 4,176Sq.Ft
  • Sqft 4,176 Sq.Ft

Property Features

  • Aprox. Lot Size 4,176
  • Furnished Info No
  • Lot Description Quarter To Half Acre Lot
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Tranquilla
  • Tax Amount $18,688
  • Tax Year 2023

121 NE 55th St

Miami, FL 33137

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: City Group Consulting, LLC. tel: 954-274-2274

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