1217 NE 127th St, North Miami, 33161
Listing UP for Sale
1217 NE 127th St, North Miami, 33161
Overview
- 10950
- Lot sqft
- 1958
- Year Built
Description
Proud to exclusively present for sale 1217 NE 127 Street. This 8-unit boutique multifamily building is located in
one of the best areas in North Miami, just a few blocks from Biscayne Boulevard and bustling 125th Street. This
recently renovated property is now being offered for sale at $1,950,000. The property features a spacious unit
mix of 7 (1BR/1 BA) and 1 (2BR/2BA) apartments. All units are rented and provide a steady cash flow, with gross
rental income of over $167,000 per year. High demand for quality rentals in this area has kept rent prices rising
and will continue to do so for the foreseeable future. Middle income multifamily properties in great
neighborhoods, such as this property, have proven strong performance and resilience in down markets.
Address
Open on Google Maps- Address 1217 NE 127th St
- City North Miami
- State/county Florida
- Zip/Postal Code 33161
- Area Miami-dade County
Details
Updated on July 9, 2024 at 12:11 pm- Property ID: A11620333
- Price: $1,950,000
- Land Area: 10950 sqft
- Year Built: 1958
- Property Status: Listing UP for Sale
Listing Agent Contact Information
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