850 NW 2nd St Active

Miami,FL 33128

$ 2199000

- Bed

0 Bath

5898 SqFt


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

HOA Y/N No

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

Others

Tax ID 01-41-38-003-3310

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