220 16th Ter ,Attached, Quadruplex, Ericksons Sub for Sale

220 16th Ter for Sale

Price $2,000,000.00

• Lot size 5453
• Year Build 1964
• Waterfront
• Zip 33136
• Style Attached
• Parking Description
• Pool Yes
• Status Pending

Description

We are pleased to present a Great Opportunity for Investors with this 10-unit Multi Family Apartment Building. This property consist s of 10 one-bedroom/ one-bathroom units totaling 5,453 rentable sq feet and a total of 10,500 sq ft lot. Property built in 1937, Owned by current owner for 25 years. Roof repaired in 2018. This is a perfect opportunity for investors who are looking to renovate and stand out with other property within this new ?Wynwood Like? community. Property is being sold AS-IS and offered at 2,500,000. This property is a true treasure, just 5 mins from MIDTOWN and FASHION DISTRICT. After renovation and marketing units at market price there will be a great increase in yearly income.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11234113

36 53 41 ERICKSONS SUB PB B-88 LOTS 3 & 4 BLK 12 LOT SIZE 100.000 X 105 OR 17017-0804 1195 5

1/2 To Less Than 3/4 Acre Lot

We are pleased to present a Great Opportunity for Investors with this 10-unit Multi Family Apartment Building. This property consist s of 10 one-bedroom/ one-bathroom units totaling 5,453 rentable sq feet and a total of 10,500 sq ft lot. Property built in 1937, Owned by current owner for 25 years. Roof repaired in 2018. This is a perfect opportunity for investors who are looking to renovate and stand out with other property within this new ?Wynwood Like? community. Property is being sold AS-IS and offered at 2,500,000. This property is a true treasure, just 5 mins from MIDTOWN and FASHION DISTRICT. After renovation and marketing units at market price there will be a great increase in yearly income.

City:Miami,Model:OVERTOWN,Zoning:6107,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2022,Flooring:1:Other,Latitude:25.7907192,Cooling Y N:1,Heating Y N:1,List Price:2000000,Listing Id:A11540197,Longitude:-80.1992969,Mls Status:Pending,Year Built:1964,Directions:Just 5 mins from I-95 North and South Bound Exits and Entry. 5 mins North from the MIAMI HEAT ARENA, BAYSIDE AND SOUTH BEACH, AND THE NEW HAPPENINGS IN WYNWOOD. EXCLUSIVE LANDMARKS NEAR,Living Area:5453,Postal Code:33136,Street Name:16th Ter,Coordinates:1:25.7907192,Photos Count:8,Builder Model:OVERTOWN,Building Name:ERICKSONS SUB,Days On Market:1,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:Ericksons Sub,On Market Date:2024-02-26,Parcel Number:01-31-36-021-1670,Parking Total:6,Property Type:Residential Income,Stories Total:2,Street Number:220,M I A M I R E_ Style:Fourplex,Public Remarks:We are pleased to present a Great Opportunity for Investors with this 10-unit Multi Family Apartment Building. This property consist s of 10 one-bedroom/ one-bathroom units totaling 5,453 rentable sq feet and a total of 10,500 sq ft lot. Property built in 1937, Owned by current owner for 25 years. Roof repaired in 2018. This is a perfect opportunity for investors who are looking to renovate and stand out with other property within this new ?Wynwood Like? community. Property is being sold AS-IS and offered at 2,500,000. This property is a true treasure, just 5 mins from MIDTOWN and FASHION DISTRICT. After renovation and marketing units at market price there will be a great increase in yearly income.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:Elite Realty Partners, Inc.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:1855,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:ERICKSONS SUB,Tax Annual Amount:11510,Unparsed Address:220 NW 16th Ter, Miami FL 33136,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:5453,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:366.7706,Original List Price:2000000,Public Survey Range:31,Documents Available:1:Rent Rolls,I D X Participation Y N:1,Number Of Units Total:10,Syndication Remarks:We are pleased to present a Great Opportunity for Investors with this 10-unit Multi Family Apartment Building. This property consist s of 10 one-bedroom/ one-bathroom units totaling 5,453 rentable sq feet and a total of 10,500 sq ft lot. Property built in 1937, Owned by current owner for 25 years. Roof repaired in 2018. This is a perfect opportunity for investors who are looking to renovate and stand out with other property within this new ?Wynwood Like? community. Property is being sold AS-IS and offered at 2,500,000. This property is a true treasure, just 5 mins from MIDTOWN and FASHION DISTRICT. After renovation and marketing units at market price there will be a great increase in yearly income.,Listing Contract Date:2024-02-26,Originating System I D:miamire,Public Survey Section:36,Showing Instructions:24 Hour Notice,Street Number Numeric:220,Tax Legal Description:36 53 41 ERICKSONS SUB PB B-88 LOTS 3 & 4 BLK 12 LOT SIZE 100.000 X 105 OR 17017-0804 1195 5,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:0,M I A M I R E_ Adjusted Area S F:5453,M I A M I R E_ Internet Remarks:CALL AGENT,Contract Status Change Date:2024-02-26,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,Transaction Broker Compensation:1%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 2%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:366.77,Internet Automated Valuation Display Y N:1,