$2,000,000 ($366.77 per sqft)

Pending

Est. Mortgage $10,511/mo *

Quick Pre-Approval

220 NW 16th Ter, Miami, FL, 33136

220 NW 16th Ter, Miami, FL, 33136

1964

Fourplex

5,453 sqft

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.


Status:

Pending

Type:

Multi-family

Zoning:

6107

Subdivision:

ERICKSONS SUB

Heating:

Electric

Cooling:

Electric

Parking:

6-car

Est. Taxes:

$11,510

Construction

Block

Utilities

Cable Not Available

Days on Market:

1

Pool:

None

MLS #:

A11540197


Community Info

School Info

Walk Score

Yelp



Listing courtesy of ELITE REALTY PARTNERS, INC. Phone: 954-990-7526