7
$1,050,000 Sale
Listed 1 day
12195 NE 11th Place
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· 6
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Key Facts
Key facts for 12195 NE 11th Place
Property Type
Apartment, Unspecified
Parking
Assigned , Assigned 6 parking
MLS #
A12119821
Size
-
Basement
-
Listed on
-
Lot size
-
Tax
$19,827 /yr
Days on Market
-
Year Built
1959
Maintenance Fee
-
Description
Six-unit apartment building for sale in North Miami, FL 33161. Fully leased value-add multifamily, 1959 CBS construction, 3,502 SF on a 6,750 SF lot. Roof and AC both replaced within the last five years, so capital goes into interiors instead of major systems. Six separate electric meters are tenant...-paid, one water meter owner-paid. Every unit has a private exterior entry, no common corridors and no elevator. On-site striped parking. In-place rents are below market for comparable North Miami units, with upside on turnover. Minutes to Biscayne Boulevard, FIU Biscayne Bay, the 125th Street corridor and I-95. Small multifamily rarely trades in this pocket. Full listing package with rent roll and financial summary is attached., Directions:
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Courtesy of: Julies Realty, LLC

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