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%

Address Map
FL
Miami-Dade County
Miami
33128
850 NW 2nd St
0
W81° 47' 28.2''
N25° 46' 30.9''
MLS Addon
London Foster Realty
Ian Lazaro Osorio
122
3442018
LNFS01
1
: Sale
$17,712
3900

Commercial Sale For Sale

850 NW 2nd St, Miami, Florida 33128

7,500 Sqft
$2,199,000
Listing ID #A11551329
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : A11551329
Price : $2,199,000
Year Built : 1918
Lot Area : 7,500 Sqft
Building Area : 5,898 Sqft
Status : Active
Property SubType : Income/multifamily
Agent info
Daniel Lombardi
Contact Agent
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