Fully updated and well-maintained 8-unit property on large 12,516 SF lot located in east Shorecrest - Unit breakdown: 2 21 units, 4 11 units, 2 studios east of Biscayne Blvd, half a block to Bay NE 79 St. Solid income solid return - 220,800 GOI, 173,260 NOI, 6% cap rate. Upside in rents, T-5-R zoning allows building up to 5 stories - invest now for a solid return, land bank for future development. Safe, convenient location tenant-friendly property 9 parking spaces, outdoor spaces for tenants property is 100% occupied. Building completed its 40 Years Recertification in 2016. All door and windows impact. SELLER OFFERING BUYERBUYERS AGENT INCENTIVES.
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