850 NW 2nd St Miami, FL 33128
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%
- Property TypeCommercial
- NeighborhoodN/A
- CountyMiami-Dade
- Taxes$17,712
- HOA/Condo/Coop Fees$0
- Days on Site47 Days
- MLS StatusActive
- MLS ID NumberA11551329
- Home Size Source N/A
- Year Built1918
- Lot Size0.17 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Zoning 3900
Exterior Features
- Waterfront Property No