1430 NE 170 St, North Miami Beach, FL
Multi-family for Sale - $629,900 - 2,650 Sq. Ft.
Property Info
| CIMLS# | 1139340 |
| Location 1430 NE 170 St North Miami Beach FL 33162 | |
| Updated | March 6th, 2023 |
| Type | Multi-family |
| Price | $629,900 |
| Building | 2,650 Sq. Ft. |
Property Description
Nice income producing apartment/Condos. Well established long term rental history. Well maintained boutique building in the heart of North Miami Beach. Tiled floors. Units are rented month to month, very low history of any vacancies. Owner self-manages. Very low maintenance. 3 units to be purchased together. Two other listings show 3 other separate units or all 6 can be bought together.. Call listing agent for details. Good CAP rate. All units are tenant occupied and cannot be shown until a reasonable offer is made from a vetted/qualified buyer. Showings will be arranged with owner or listing agent. Unit 202 (PID0722080360250), Unit 214 (PID0722080360370), & Unit 217 (PID0722080360400). Please do not go on property. All units are tenant occupied and cannot be shown until a reasonable offer is made from a vetted/qualified buyer. Showings will be arranged with owner or listing agent. See documents for rent-roll/pricing. This listing is for Units 202 at 1450 NE 170St, & 214 & 217 at 1430 NE 170S
Financials
Rents: $52,800 CURRENT, $55,860 PROFORMA
Expenses: $21,898 CURRENT & PROFORMA
NOI: $30,902 CURRENT, $35,570 PROFORMA
CAP: 4.91% CURRENT, 5.65% PROFORMA