850 Nw 2nd St

Miami, FL 33128

About this property

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%

Features and Additional Information

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$2,299,000 Active
5,898 SQFT

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Brokerage
London Foster Realty
1-305-514-0100
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Area Information

41 | Miami Dade County County |

$ 2,299,000
This listing is play_arrow 88323.1% higher than the average in the area
$ 2,600 in the area
5,898 SqFt
This listing is play_arrow 150.6% larger than the average in the area
2,354 SqFt in the area
$ 390 $/SqFt
This listing is play_arrow 35191.3% more than the average in the area
$ 1 $/SqFt in the area
66 days on site
This listing is play_arrow 3200.0% above the average in the area
2 days on site in the area

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Listed By Ian Lazaro Osorio
Brokerage: London Foster Realty

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