850 NW 2nd St Active Save Request In-Person Tour Request Virtual Tour
Miami,FL 33128
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,898 sqft
Price per Sqft $372
MLS Listing ID A11551329
Year Built 1918
Annual Tax Amount $17,712
Lot Size 7,500 Sqft
Property Description
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%
Location
State FL
County Miami-dade
Area 41