Courtesy of: Hubert Jean, Julies Realty, LLC, kerby@juliesrealty.net
Courtesy of: Hubert Jean, Julies Realty, LLC, kerby@juliesrealty.net
$1,050,000
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Lot: 0.16 Acres
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Other
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$1,050,000
12195 NE 11th Pl 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.
Courtesy of: Hubert Jean, Julies Realty, LLC, kerby@juliesrealty.net
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