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Listing Number:
Description: *Value Added* property, a 6-unit rental income in a redevelopment area (approved up to 6 stories) in the El Portal city limits. Large tracts of land in the area are being bought up by investors to redevelop. The property is just off the main intersection of NW 79 Street and Biscayne Blvd. with the back of the property stretching 76 feet along the Little River with no future developments across the back of the property. The Little River runs into Biscayne Bay and is only a short distance to the ocean. Owner has rents below market by $300-$400 per unit. Rents brought up to market value, will increase income substantially. All tenants pay their own electric and most units have their own private porch.


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