Commercial Real Estate

Basics

  • Category:
  • Type:
  • Status:
  • Bathrooms: 0
  • Floors: 2
  • Lot size: 7150, 7150 sq ft
  • Year built: 1925
  • County: Miami-Dade
  • Lease Term: TwelveMonths
  • MLS ID: A11682606

Description

  • Description:

    25 53 41 NORTHERN BLVD TR PB 2-29 LOT 18 BLK 2 LOT SIZE 50.000 X 143 OR 15537-2155 0592 3 COC 25410-3816 02 2007 1 Wynwood North Multifamily Develpoment and income producing building. 8 unit building 100% lease with excellent Return on investment. Building was upgrade in 2008 with impact windows, new Ac and water heater. Steady annual income of $181,200 with an option for annual increase in rental bringing the CAP rate to a healthy 6.5%. The zoning is T4-R High Density Multifamily residential. The density of the Lot is 150 Units per Acres with up to 3 Levels and 24 units of new construction, with no parking restrictions. Lot size is 50 w x 143 L . Please call listing agent for more information's on flyer of income and expenses and rent rolls. Investor & developer welcome.

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Location

  • Directions: Please google property address, do not disturbed tenants building showing only by appointment Accompany by broker listing agent.

Building Details

  • Structure Type: Apartment
  • Water Source: Public
  • Architectural Style: Detached
  • Construction Materials: Block
  • Covered Spaces: 0
  • Levels: Two
  • Number Of Buildings: 1
  • Floor covering:

Amenities & Features

  • Security Features: Fenced,SecurityGate,SmokeDetectors,SecurityLights
  • Roof: Barrel
  • Heating: Central,Electric

Expenses, Fees & Taxes

  • Tax Annual Amount: $13,810

Miscellaneous

  • List Office Name: Brickell Realty Group, LLC

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This -type commercial real estate is located in FL, Miami was built in 1925, and is listed at $2,300,000.

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