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1379 NW 55th Terr, Miami FL 33142 Assigned

  • $1,093,000
  • 14 beds
  • 6 baths
  • 3,006 sqft
Assigned

1379 NW 55th Terr, Miami FL 33142

Legal 4 Plex Primary Land Use 0803 MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS Beds / Baths / Half 14 / 6 / 0 Floors 2 Living Units 4 Living Area 3,006 Sq.Ft Lot Size 7,875 Sq.Ft Year Built 1935 $91.2k GOI, $14k yearly expenses ($4k water, $4k insurance, $6k taxes and maintenance), $77.2k NOI Fourplex each unit 3Bd1Ba, separate electric meters but not water meters, owner pays water only 3 of the units are done under Section 8 (you can raise each of their rents by 200-300$) final one is normal renter. All on yearly leases,Current Cap Rate 7+% 10% Escrow required.

Available on 01.26.2021

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DISCLAIMER: Florida Investor Deals does not own these properties nor does Florida Investor Deals hold itself out to represent the owners of these properties. These are not Florida investor deals listings. Values are strictly an opinion. Consult an appraiser for true values. Florida investor deals disclaims all liability for the actions or inactions taken or not taken as a result of communications from or to its officers, directors, and members. Florida investor deals does not hold direct contract with the owner of this property

The sale of these properties may be contingent upon a successful close by the Buyer under Contract with the Current Owner. Seller may not be the owner of record of the property at the applicable court jurisdiction; however, the Seller holds equitable interest in the property along with the owner of record and such interest is documented through an executed Purchase and Sale Agreement

Price:
$1,093,000
Address:
1379 NW 55th Terr,
Miami, Florida 33142
Square Feet:
3,006
Lot Size:
7,875 Sq.Ft
Bedrooms:
14
Bathrooms:
6
Terms:
Assignment of Contract
Property Type:
Multi-family
Year Built:
1935

Additional Features

1379 NW 55th Terr, Miami FL 33142 Legal 4 Plex Primary Land Use 0803 MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS Beds / Baths / Half 14 / 6 / 0 Floors 2 Living Units 4 Living Area 3,006 Sq.Ft Lot Size 7,875 Sq.Ft Year Built 1935 $91.2k GOI, $14k yearly expenses ($4k water, $4k insurance, $6k taxes and maintenance), $77.2k NOI Fourplex each unit 3Bd1Ba, separate electric meters but not water meters, owner pays water only 3 of the units are done under Section 8 (you can raise each of their rents by 200-300$) final one is normal renter. All on yearly leases,Current Cap Rate 7+% 10% Escrow required.

Call (954) 280-5883 for more details

Property Location