$1,550,000
2nd St

817 NW 2nd St, Miami FL 33128

Beds

Baths

SQFT 7,500

Garage

51 Years Built

Home Details

Multifamily apartment building for sale. This 6-unit apartment building is fully rented and making net income--please see the attached pro-forma statement for details. Most tenants have been residing in the building for years. Finding new tenants is surprisingly easy, just put a "for rent" sign in the fence and get about 30 phone calls in one weekend. This property has potential for redevelopment as evidenced by the two new buildings built in front. The roof and all the electrical equipment were completely replaced last year as per current coding. Minor structural repairs will be finished in some weeks. 50-year recertification is almost complete, and owner guarantees that all requirements will be completed by the closing date.

Other Interior Features

Heating
Appliances
Living Area - SqFt
Inside
Total - SqFt
7500

General

MLS#
A11724081
Architectural Style
Bathroom Features
Living Area - SqFt
Construction Materials
Concrete Block Construction
Window Features
Total - SqFt
7500

Neighbourhood

Location

Multifamily apartment building for sale. This 6-unit apartment building is fully rented and making net income--please see the attached pro-forma statement for details. Most tenants have been residing in the building for years. Finding new tenants is surprisingly easy, just put a "for rent" sign in the fence and get about 30 phone calls in one weekend. This property has potential for redevelopment as evidenced by the two new buildings built in front. The roof and all the electrical equipment were completely replaced last year as per current coding. Minor structural repairs will be finished in some weeks. 50-year recertification is almost complete, and owner guarantees that all requirements will be completed by the closing date.

Schedule Visit

    Translate »