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2072 NE 169th St 12 Unit Apartment Building $1,075,000 ($89,583/Unit) Miami, FL 33162
INVESTMENT HIGHLIGHTS
- Best Deal in Town in North Miami Beach
- All 4 Apartments are Leased and Below Market Value
- Great Location, Only $268,750 per Apartment
EXECUTIVE SUMMARY
FANTASTIC OPPORTUNITY FOR INVESTMENT IN A VERY NICE BUILDING - PRICE REDUCED.!!!! Fantastic Opportunity to Buy 4 Apartments in a Building that consisted of 12 Apartments. All Apartments are rented: Apartment #5 (750 SF) Lease for $1,800. **** Apartment #9 (1,025 SF) Lease for $1,685. **** Apartment #11 (750 SF) Vacant Oct. 1, 2025. **** Apartment #12 (785 SF) Lease for $1,500. **** Units are well below Market Rent. Association Fee per month is $400 per Apartment. The Association Fees includes Water and Garbage. All tenants paid their own Electrical and each Apartment have a separate electrical meter. We are selling all Four Apartments as a Package Deal for $268,750 for each Apartment ****** Total Investment $1,075,000
PROPERTY FACTS
| Price | $1,075,000 | Apartment Style | Low-Rise |
| Price Per Unit | $89,583 | Building Class | C |
| Sale Type | Investment | Building Size | 15,558 SF |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1963 |
| Property Subtype | Apartment | ||
| Zoning | R3 - Residential Condos | ||
| Price | $1,075,000 |
| Price Per Unit | $89,583 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 15,558 SF |
| No. Stories | 2 |
| Year Built | 1963 |
| Zoning | R3 - Residential Condos |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 12 | - | - |
1 1
Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (75)
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2072 NE 169th St
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