121 NE 55th St, Miami, FL 33137

 
MLS #: A11739510
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Price: $1,750,000 MLS Number: A11739510  Multi-Family
 Address: 121 NE 55th St, Miami, Florida 33137 USA
 Living Area: 4,176
 
 Total Square Feet: 
 
 Year Built: 1924
 Community: TRANQUILLA
 
 Subdivision: TRANQUILLA
 
 Remarks:
*** 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.
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