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4808 sq ft Building |
10250 SQ FT (LOT) |
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PROPERTY
DESCRIPTION |
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This eight unit apartment building is located close to Miami Shores and within walking distance to major bus routes and roadway NE 2 Avenue. The building is fully leased with month-t- month tenants and has great income. The roof was completely replaced in 2005 with a ten year warranty. Each unit features terrazzo floors. The building features an income generating laundry facility and includes gated parking. The parking ratio is one space per unit. The eight units are broken down into six one bedroom/one bath units measuring 550 square feet and two, two bedroom/one bath units measuring 600 square feet.
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PROPERTY
SPECIFICS: |
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ADDRESS: |
155 NE 80 Terrace Miami, FL 33138 |
PRICE: |
$499,000 |
BUILDING
SIZE: |
4,808 SQ FT |
LOT SIZE: |
N/A |
TOTAL
# UNITS: |
8 |
CEILING
HEIGHT |
N/A |
INCOME |
N/A |
EXPENSES |
N/A |
TRASH |
$1,950 per year
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WATER |
$1,280 per year
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ELECTRIC |
Tenants Responsible
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INSURANCE |
$5,000 per year
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Total Monthly |
$4,940 |
Total Annually |
$59,280 |
NOI |
$46,767 |
PGI |
$63,000 |
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Associate |
Tony Cho |
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