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$2,000,000 • living size area 5453 sqft
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.Multi Family - ERICKSONS SUB for Sale
220 NW 16TH TER, MIAMI, FL 33136
Date Sold 04-30-2024
Sold Price$1,850,000 Asking Price$2,000,000
Share by:
- Living 5453sqft
- Taxes: Register to see
- Year Built 1964
-
Days on market:
1 day(s) -
Adjusted Area:
5453 sqft Original Price:
$2,000,000-
Price per sqft:
$366.77 Tax Legal Description:
36 53 41 ERICKSONS SUB PB B-88 LOTS 3 & 4 BLK 12 LOT SIZE 100.000 X 105 OR 17017-0804 1195 5Tax Year:
2022-
MLS:
A11540197 -
Property Type:
Multi Family -
Style:
Fourplex
Roof:
ConcreteCooling Description:
ElectricHeating Description:
ElectricFloor Description:
OtherConcreteLot Features:
1/2 To Less Than 3/4 Acre LotType of Association:
None
Description
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