100 NE 54th St Miami, Florida 33137

List Price$399,000
Bedrooms
Bathrooms
Living Area-
Lot Size4,000 sqft.
Year Built1932
Listing Type
Maintenance Feen/a
Association Feen/a
Pooln/a
Waterfrontn/a
StatusFor Sale
MLS# / Web IDA10036135
SOLID MULTIFAMILY INVESTMENT OPPORTUNITY IN THE UP AND COMING AREA OF LEMOM CITY/ LITTLE HAITI. PROPERTY FRONTS THE BUSY COMMERCIAL 54 ST. IT IS ZONED T5-0 FOR GENERAL COMMERCIAL USE. THIS IS A GREAT OPPORTUNITY FOR AN INVESTOR OR OWNER OCCUPIED BUSINESS FOR RETIAL OR SHOP FRONT OPPORTUNITY. CURRENTLY RENTED AT A COMBINED INCOME OF $1,950 WITH SUBMARKET RENTAL RATES. PROPERTY HAS UPSIDE POTENTIAL FOR NEW OWNERS. PRO-FORMA CAP RATE OF 7%.
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Contact Information
Listing courtesy of Chariff Realty Group
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