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Price: $2,175,000

For Sale

Price: $2,175,000

421 NE 73 St Miami, FL

Description

Cash Flow in Miami is pleased to present The Village, a seven-unit turn-key apartment community located in the Upper East Side near the Magic City Innovation District. The seven residences were recently fully remodeled with unique interior designs and furnishes. Each unit includes brand new kitchens, appliances, tiles, flooring, interior walls, central AC, electricity, plumbing, impact windows, and bathrooms. The property also features parking, a surveillance system, new landscaping, and sprinklers with a privately fenced backyard that has green space and outdoor furniture.

The Village offers the opportunity to acquire a turn-key fully renovated and stabilized multifamily building, which is strategically located in the Upper East Side. The units are currently renting with a range of $1,450 to $2,500 a month. This is an ideal asset for a 1031 exchange investor or a multifamily investor looking to acquire a cash-flowing asset in this area.

  • Seven-unit turnkey apartment community.
  • The seven residences were recently fully remodeled in 2020 with unique interior designs and furnishes.
  • Opportunity to operate as short-term rentals in the future and increase revenue significantly.
  • Ability to live in one unit and rent out the rest.
  • Located directly off Biscayne Boulevard.
  • Nestled between Miami Ironside and Magic City Innovation District.
  • Ideal housing for professionals who want to work nearby in Wynwood, Brickell/Downtown Miami, North Miami or Miami Beach.

SOLD
For Sell

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