Basic Information

  • Type Multi Family
  • Status Closed
  • Year Built 1951
  • Total Sqft 9,150
  • Date Listed 10/01/2020
  • Days on Market 224
Description

Super Opportunity: 2 Retail Stores and 4 Apartments 1Bed/1Bath. PRICE TO SELL $779,000 All Offers will be consider. All Rents are below market value: Income: Store Immigration $900.00 / month to month Store Beauty Salon $950.00 /month to month Apartment 1Bed/1Bath = $775.00/mm Apartment 1Bed/1Bath = $725.00/mm Apartment 1Bed/1Bath = $725.00/mm Apartment 1Bed/1Bath = $700.00/mm Total Monthly Income = $4,775.00/month Total Yearly Income = $57,300.00/year Expenses: Insurance $1,800.00 Waste & Water = $4,800.00 Property Taxes = $7,960.75 Total Expenses = $14,560.75 Net Operating Income = $42,739.25 Price to Sell = $779,000.00 CAP RETURN = 5.49%. ALL RENTS ARE VERY LOW AND BELOW MARKET VALUE POTENTIAL CAP RETURN 9.50% 40 Years Recertification done

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Multi Family

Interior Features

  • Adjusted Sqft 9,150Sq.Ft
  • Sqft 9,150 Sq.Ft

Property Features

  • Address 12322 NE 6th Ave
  • Aprox. Lot Size 9,150
  • Furnished Info no
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $8,041
  • Tax Legal desc GRIFFING BISCAYNE PARK ESTS PB 5-84 LOT 32 BLK 7 LOT SIZE 9150 SQUARE FEET OR 17219-2696 0596 1 COC 22511-0001 07 2004 1
  • Tax Year 0
  • Type of Property Multi Family

12322 NE 6th Ave

North Miami, FL 33161

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Keyes Company. tel: 305-931-8920

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