Great income producing investment opportunity in Little Havana. 10 UNITS. 100% Occupied. Current annual gross income of $221,100.00. This property is comprised of a fully renovated 8 unit apartment building consisting of one bedroom one bathroom units and a single-family home. Current ownership is operating the single-family home as a duplex with 2Br/1Ba in each unit for a total of 10 rental units. The 1/1s are currently rented at an average of $1800 per month. The single family is producing $4,000 per month. Property has new floors, new kitchen, new AC mini splits, and new bathrooms. Stainless steel appliances. Separate electric meters. Actual current Cap Rate 6.6%
Property Details
Price:
$2,199,000
MLS #:
A11551329
Status:
Active
Beds:
0
Baths:
0
Address:
850 NW 2nd St
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Miami
Listed Date:
Mar 15, 2024
State:
FL
Finished Sq Ft:
5,898
Total Sq Ft:
5,898
ZIP:
33128
Year Built:
1918
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Schools
Interior
Exterior
Financial
Taxes
$17,712
Map
Community
- Address850 NW 2nd St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33128
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