Multifamily Property – 6 Units in Miami, FL – Value Add Potential

Category: Multifamily

Price:$1,375,000

Location: Miami, FL

Year Built: 1938

Days on Market: 16

Description:

Chariff Realty Group proudly presents an exceptional investment opportunity within Miami’s thriving real estate market. This 6-unit multifamily property not only provides a steady income stream but also holds significant development potential for savvy investors. 490 NE 62 St is perfect for investors or developers looking to blend rental income with long-term growth through strategic redevelopment. This property’s prime & high-demand location and versatile potential make it a rare and valuable addition to any real estate portfolio.

PROPERTY HIGHLIGHTS: • 6 Units Multifamily • 83% Occupancy • Value Add Potential • Redevelopment into 4-6 Luxury Townhomes

Listing Code: 1095588574