Address850 Nw 2Nd St, Miami, FL, 33128-1324
Price$2,299,000
- Commercial Sale
- Built in 1918
Great income producing investment opportunity in Little Havana. 10 UNITS. Current annual gross income of $198,300.00. 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. Proforma gross income of $263,400. Property has new floors, new kitchen, new AC mini splits, and new bathrooms. Stainless steel appliances. Separate electric meters. Pro forma cap rate of 6.1%
Essential Information
- MLS® #A11551329
- Price$2,299,000
- Bathrooms0.00
- Acres0.00
- Year Built1918
- TypeCommercial Sale
- Sub-TypeMulti Family
- StatusActive
Community Information
- Address850 Nw 2Nd St
- Area41
- CityMiami
- CountyMiami-Dade County
- StateFL
- Zip Code33128-1324
Additional Information
- Date ListedMarch 15th, 2024
- Days on Website74
Listing Details
- OfficeLondon Foster Realty
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