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$2,750,000 • living size area 8340 sqft
This fully renovated 12-unit multifamily property is located in miami's thriving little river submarket and presents a prime investment opportunity. all units have undergone extensive upgrades, including a new roof,hurricane-impact windows, modern electrical systems, and a fully remodeled kitchen and bathroom making the property turnkey and minimizing maintenance costs. the property has ample parking available and the site plan has been approved for an eight-unit building. the property generates a net operating income (noi) of $198,000, and yields a robust capitalization rate of 7.19% at the asking price. its strong financial performance and prime little river location present an opportunity for investors seeking stable returns in a rapidly appreciating area.Multi Family - FOREST PARK for Sale
584 NW 65TH ST, MIAMI, FL 33150
Asking Price$2,750,000
- Living 8340sqft
- Taxes: Register to see
- Year Built 1968
-
Days on market:
79 day(s) -
Adjusted Area:
6849 sqft Original Price:
$2,750,000-
Price per sqft:
$329.74 Tax Legal Description:
FOREST PARK PB 4-194 LOT 6 BLK 2 LOT SIZE 50.000 X 143 COC 24796-3162 07 2006 2Tax Year:
2024-
MLS:
A11714783 -
Property Type:
Multi Family -
Style:
Fourplex
Construction Type:
OtherRoof:
OtherCooling Description:
OtherHeating Description:
OtherFloor Description:
OtherLot Features:
3/4 To Less Than 1 Acre LotType of Association:
None
Description
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