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Commercial Income
$2,299,000
850 NW 2nd St Miami, FL

A11551329

27 of 55 for Sale
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an agent
  • Listed On:

    Mar 15, 2024
  • Days on Market:

    46
  • Year:

  • Taxes:

    $17,712 per year
  • Floor Description:

  • Occupancy:

  • Zoning:

  • Parking:

850 NW 2nd St Miami, FL Great income producing investment opportunity in Little Havana. 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. Current annual gross income of $155,100.00. 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%

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For Sale Details

  • Photo Count

    11

  • Property Type

    Commercial Sale

  • SqFt Total

    7500

  • Year Built

    1918

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