Ericksons, 220 NW 16th Ter Miami, FL 33136

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.