For sale
  • $3,250,000

    5500 N Miami Ave, Miami, FL 33127

    1beds
    2baths
    3,635sqft
    : 
    Quadruplex
    Built in 1953
    -- sqft lot
    $-- Zestimate®
    $894/sqft
    $-- HOA

    What's special

    Modern electrical systemsNew roofsAmple parkingExtensive upgradesFully remodeled kitchens
    This fully renovated 17-unit multifamily property is located in Miami’s thriving Little River submarket and presents a prime investment opportunity. All the units have undergone extensive upgrades, including new roofs, hurricane-impact windows/doors, modern electrical systems, and fully remodeled kitchens and bathrooms. Making the property turn-key and minimizing maintenance costs. The property has ample parking.The property generates a net operating income of $198,000, and yields a capitalization rate of 6.08% the asking price. Its strong financial performance and prime Buena Vista location present an opportunity for investors seeking stable returns in a rapidly appreciating area.
    56 days
    on Zillow
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    58
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    3
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