Basic Information

  • MLS # A11540197
  • Type Duplex / Quad Plex / Triplex
  • Style Quadruplex
  • Status Pending
  • Subdivision/Complex Ericksons Sub
  • Year Built 1964
  • Total Sqft 5,453
  • Date Listed 02/26/2024
  • Days on Market 60
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.

Exterior Features

  • Waterfront No
  • Pool No
  • Construction Type Block
  • Design Description Fourplex
  • Parking Spaces 0
  • Parking Description
  • Roof Description Concrete

Interior Features

  • Adjusted Sqft 5,453
  • Cooling Description Electric
  • Floor Description Concrete,Other
  • Heating Description Electric
  • Sqft 5,453

Property Features

  • Address 220 NW 16th Ter
  • Aprox. Lot Size 5,453
  • Architectural Style Fourplex
  • City Miami
  • Construction Materials Block
  • County Miami-Dade County
  • Furnished Info No
  • Levels Two
  • Listing Terms Cash,Conventional,Other
  • Occupant Type Call Agent
  • Pool Features None
  • Possession Closing Funding
  • Postal City Miami
  • Public Survey Section Two
  • Public Survey Township 3
  • Roof Concrete
  • Sewer Description Other
  • Short Sale Regular Sale
  • Stories 2
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Ericksons Sub
  • Tax Amount $11,510
  • Tax Information 36 53 41 ERICKSONS SUB PB B-88 LOTS 3 4 BLK 12 LOT SIZE 100.000 X 105 OR 17017-0804 1195 5
  • Tax Year 2022
  • Terms Considered Cash,Conventional,Other
  • Type of Property Quadruplex
  • Year Built Details Resale

220 NW 16th Ter

Miami, FL 33136

Similar Properties For Sale

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Elite Realty Partners, Inc.. tel: 954-990-7526

Real Estate IDX Powered by: TREMGROUP