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
See this Listing
CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
More About CENTURYMortgage Calculator
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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Courtesy of London Foster Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Miami, FL. All rights reserved.
850 NW 2nd St
Miami, FL
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