850 NW 2nd St, Miami, 33128

  • $2,299,000

Listing UP for Sale

Miami

Overview

Property ID: A11551329
  • 7500
  • Lot sqft
  • 1918
  • Year Built

Description

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%

  • Address 850 NW 2nd St
  • City Miami
  • State/county Florida
  • Zip/Postal Code 33128
  • Area Miami-dade County

Details

Updated on May 2, 2024 at 10:52 am
  • Property ID: A11551329
  • Price: $2,299,000
  • Land Area: 7500 sqft
  • Year Built: 1918
  • Property Status: Listing UP for Sale

Listing Agent Contact Information

View Listings

Contact Agent About This Property

By submitting this form I agree to Terms of Use

Compare listings

Compare
Ian Lazaro Osorio
  • Ian Lazaro Osorio