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420 NE 70th St, Miami, FL 33138 (MLS # A11146006)

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PRICE $1,111,000 dsIDX morgage calculator
SIZE 3,496 sqft
LOT SIZE 10,201 sqft

Awesome Opportunity Awaits! Location, Location, Location! Rare 6-unit income producing complex with two detached buildings in the Palm Grove/Ironside neighborhood in the heart of the MiMo District. Near Magic City, Design District, Midtown and Wynwood. All 6 units currently rented with below market rents. Perfect for an investor looking for great short-term value-add or long-term hold equity growth in one of Miami’s most burgeoning neighborhoods. Building #1 has four 1 bed-1 bath units and Building 2 has one 2 bed-1bath unit plus a studio unit, all fenced in for privacy. Possibility to add two more units or increase height to 3 stories per Miami 21 T4-R zoning, with entitled multi-family use, bed and breakfast use by Warrant, or educational use by Exception. Please do not disturb tenants.

DAYS ON MARKET 35 LAST UPDATED 2/16/2022
YEAR BUILT 1954 COMMUNITY 32
COUNTY Miami-Dade STATUS Sold
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Other, Wall/Window Unit(s)
AIR CONDITIONING Yes
AREA 32
CONSTRUCTION BLOCK
HEAT Other
LOT 10200 sq ft
SEWER Other
STORIES 1
TAXES 8690
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Graber Realty Group LLC
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