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Tranquilla, 121 NE 55th St
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OFF MARKET
$1,975,000
4,176
SqFtStatus
OFF MARKETExpired
Size
4,176 SqFt (388 m2)
Price
$473/SqFt ($5,091/m2)
Type
Multifamily
Built
1924
MLS Number
A11679941
On Site
693 Days
Updated
598 Days ago
Page Views
0
This fully rented 8-unit building is a prime investment opportunity! Recently renovated with room for rent increases, it currently generates $12,700 in gross income with a projected gross income (PGI) of $14 to $15K. Managed by the owner with very low expenses, this property offers great cash flow potential.
Located in a rapidly developing area with major changes and new multifamily construction on the horizon, this property has incredible future upside. Don’t miss out on this fantastic investment in one of Miami’s hottest growing neighborhoods!
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: None
- Cooling Description: Other
Building and Construction
- Floor Description: Other
- Year Built: 1924
- Year Built Description: Resale
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2024-10-21T19:01:37.000-00:00
Taxes, Fees & More
- Taxes: 17376
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
10/21/2024
Listed
$2M
$473 ft2
$5,091 m2
10/21/2024
$2M
Event
Listed
Price Per
$473 ft2
$5,091 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Ouri Kahn • City Group Consulting, LLC • Buyer Agency Compensation .
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Scores
90
100
52
100
79
100
71
100
0
100
33
100
3
100
Community Snapshot
$1.1M – $1.4M
Price Tier
822 - 4,289
SqFt Range
1940
Year Build
1
Total Floors
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