This 2015 built 10 unit building sits on 66th ST a few steps from Biscayne Blvd in Morningside, an enclave in Miami upper's east side. The Biscayne Blvd corridor is the designated MiMo architecture Biscayne Blvd historic district also known as MiMo. Just across the street from the famed Upper Eastside Farmers Market. Walkability of the area is exploding with the new retail, banks, and restaurants including UPS Store, Chase Bank, Starbucks, Balans, Panthers Coffee, KMP furniture among others.
Currently all the 10 units are leased grossing a total of $238, 000 annually. The total operating expenses are $87, 936 generating a net operating income of over $150, 000.