2379 172nd St ,Free Standing, Income Non-waterfront for Sale & Rent

2379 172nd St for Sale & Rent

Price $1,835,000.00

• Lot size 5750
• Year Build 1969
• Waterfront
• Zip 33160
• Style
• Parking Description Assigned, Guest, On Street
• Pool Yes
• Status Active

Description

Two Story 6 Units BOUTIQUE BUILDING. Excellent location near Aventura, the Beaches, Parks, Shopping Centers, Schools, Hospitals, Bright line Train and Bus Stations. Great neighborhood. Half Block from Biscayne Boulevard. New Metal Roof, Impact Windows and Doors and New Paint. Remodeled interiors in 90% of the units. Central A/C and parking spaces. CBS & Concrete Block construction building.The unit mix is, 3 units 2/1 and 3 units 1/1. All units a steady cash flow. High demand for quality rentals in this Area. This Property has proven strong performance. One Year Leases in place, some long term tenants. Room to increase Rent. Low operating cost. Easy to operate with good team of contractors to provide service when required. Additional Income with laundry room.

DO NOT DISTURB TENANTS. Showing the Property by appoiments only. Please send me the Inquires via email or Text . Additional information Attached. Broker is co-owner of the property

FULFORD BY THE SEA SEC C AMD PB 25-8 LOTS 27 & 28 BLK 30 LOT SIZE 5750 SQ FT 73R 206444

In Residential Area

Two Story 6 Units BOUTIQUE BUILDING. Excellent location near Aventura, the Beaches, Parks, Shopping Centers, Schools, Hospitals, Bright line Train and Bus Stations. Great neighborhood. Half Block from Biscayne Boulevard. New Metal Roof, Impact Windows and Doors and New Paint. Remodeled interiors in 90% of the units. Central A/C and parking spaces. CBS & Concrete Block construction building.The unit mix is, 3 units 2/1 and 3 units 1/1. All units a steady cash flow. High demand for quality rentals in this Area. This Property has proven strong performance. One Year Leases in place, some long term tenants. Room to increase Rent. Low operating cost. Easy to operate with good team of contractors to provide service when required. Additional Income with laundry room.

City:North Miami Beach,Roof:1:Other,Zoning:3800,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Flooring:1:Vinyl,Latitude:25.9350351,Cooling Y N:1,Heating Y N:1,Lease Term:1 To 3 Year Lease,List Price:1835000,Listing Id:A11691621,Longitude:-80.1529016,Mls Status:Active,Ownership:Limited Partnership,Year Built:1969,Directions:GPS,Inclusions:Leases,Postal Code:33160,Street Name:172nd St,Tenant Pays:1:Electricity,2:Inside Insurance,3:Interior Maintenance,4:Telephone,Coordinates:1:25.9350351,Gross Income:130020,Photos Count:38,Business Type:1:Residential-Multi-Family,Days On Market:1,Listing Terms:1:Conventional/Refinance,2:Owner Will Carry,Lot Size Units:Square Feet,M I A M I R E_ Area:22,On Market Date:2024-11-12,Other Expense:10378,Parcel Number:07-22-09-005-0860,Parking Total:6,Property Type:Commercial Sale,Stories Total:2,Street Number:2379,Trash Expense:2244,Open Parking Y N:1,Public Remarks:Two Story 6 Units BOUTIQUE BUILDING. Excellent location near Aventura, the Beaches, Parks, Shopping Centers, Schools, Hospitals, Bright line Train and Bus Stations. Great neighborhood. Half Block from Biscayne Boulevard. New Metal Roof, Impact Windows and Doors and New Paint. Remodeled interiors in 90% of the units. Central A/C and parking spaces. CBS & Concrete Block construction building.The unit mix is, 3 units 2/1 and 3 units 1/1. All units a steady cash flow. High demand for quality rentals in this Area. This Property has proven strong performance. One Year Leases in place, some long term tenants. Room to increase Rent. Low operating cost. Easy to operate with good team of contractors to provide service when required. Additional Income with laundry room.,County Or Parish:Miami-Dade County,List Office Name:Bustamante Investment Group LLC,Private Remarks:DO NOT DISTURB TENANTS. Showing the Property by appoiments only. Please send me the Inquires via email or Text . Additional information Attached. Broker is co-owner of the property,Standard Status:Active,Window Features:1:Complete Impact Glass,Living Area Units:Square Feet,Major Change Type:New,New Taxes Expense:16465,Parking Features:1:Guest,2:On Street,Postal Code Plus4:2957,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NE,Supplies Expense:50,Tax Annual Amount:16465,Unparsed Address:2379 NE 172nd St, North Miami Beach FL 33160,Insurance Expense:6498,Listing Agreement:Exclusive Right To Sell,Operating Expense:35675,Security Features:1:Smoke Detector(s),Building Area Total:5066,Building Area Units:Square Feet,Lease Considered Y N:1,Lot Size Square Feet:5750,M I A M I R E_ For Sale Y N:1,Number Of Buildings:1,Original List Price:1835000,Public Survey Range:22,Documents Available:1:Contracts,2:Copy Of Lease(S),3:Other Available Information,4:Photos,5:Rent Rolls,6:Site Plans,7:Existing Survey,I D X Participation Y N:1,Maintenance Expense:1200,Net Operating Income:95345,Syndication Remarks:Two Story 6 Units BOUTIQUE BUILDING. Excellent location near Aventura, the Beaches, Parks, Shopping Centers, Schools, Hospitals, Bright line Train and Bus Stations. Great neighborhood. Half Block from Biscayne Boulevard. New Metal Roof, Impact Windows and Doors and New Paint. Remodeled interiors in 90% of the units. Central A/C and parking spaces. CBS & Concrete Block construction building.The unit mix is, 3 units 2/1 and 3 units 1/1. All units a steady cash flow. High demand for quality rentals in this Area. This Property has proven strong performance. One Year Leases in place, some long term tenants. Room to increase Rent. Low operating cost. Easy to operate with good team of contractors to provide service when required. Additional Income with laundry room.,Listing Contract Date:2024-11-12,Originating System I D:miamire,Public Survey Section:9,Showing Instructions:See Broker Remarks,Street Number Numeric:2379,Tax Legal Description:FULFORD BY THE SEA SEC C AMD PB 25-8 LOTS 27 & 28 BLK 30 LOT SIZE 5750 SQ FT 73R 206444,Gross Scheduled Income:127860,Public Survey Township:22,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Multifamily Building, near Aventura, Beaches, Parks, Shopping Centers, Schools, Hospitals and Bright line Station. Half Block from Biscayne Boulevard.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-11-12,Internet Address Display Y N:1,Number Of Units In Community:6,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,