1137 2nd St , for Sale

1137 2nd St for Sale

Price $1,750,000.00

• Lot size 7000
• Year Build 1985
• Waterfront
• Zip 33128
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Here in Little Havana lies this exceptional 6 unit multifamily income producing property that was built in 1985.Four units are 2 bedroom 1 bath units, two are 1 bedroom 1 bath, all rents are month-to month. This gives investors the opportunity to increase revenues quickly to market levels. The roof was restored in early 2023, central A/C throughout the building, PVC plumbing, and opportunity to sub-meter to later bill tenants directly for the water. There is ample parking on site for residents and visitors. Multifamily has proven to be a COVID and inflation proof investment, and the area continues to see great rent collections. Centrally located hub of economic activity that is booming and growing from the inflow of residents from other States as they continue to be driven to Miami.

With rising population, high demand, it becomes ever more critical to capitalize now on such a unique location. Contact us now! - See attachments for income and expenses - and photos

LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 16 LESS S10FT BLK 10 LOT SIZE 7000 SQUARE FEET OR 18450-3384 0199 1

Here in Little Havana lies this exceptional 6 unit multifamily income producing property that was built in 1985.Four units are 2 bedroom 1 bath units, two are 1 bedroom 1 bath, all rents are month-to month. This gives investors the opportunity to increase revenues quickly to market levels. The roof was restored in early 2023, central A/C throughout the building, PVC plumbing, and opportunity to sub-meter to later bill tenants directly for the water. There is ample parking on site for residents and visitors. Multifamily has proven to be a COVID and inflation proof investment, and the area continues to see great rent collections. Centrally located hub of economic activity that is booming and growing from the inflow of residents from other States as they continue to be driven to Miami.

City:Miami,Zoning:T4-R,List A O R:A-Miami Association of REALTORS,Latitude:25.7758014,List Price:1750000,Listing Id:A11472357,Longitude:-80.2137874,Mls Status:Active,Year Built:1985,Postal Code:33128,Street Name:2nd St,Coordinates:1:25.7758014,Photos Count:32,Business Type:1:Commercial/Residential Income,Days On Market:388,Lot Size Units:Square Feet,M I A M I R E_ Area:41,On Market Date:2023-10-19,Parcel Number:01-41-02-005-1890,Property Type:Commercial Sale,Street Number:1137,Public Remarks:Here in Little Havana lies this exceptional 6 unit multifamily income producing property that was built in 1985.Four units are 2 bedroom 1 bath units, two are 1 bedroom 1 bath, all rents are month-to month. This gives investors the opportunity to increase revenues quickly to market levels. The roof was restored in early 2023, central A/C throughout the building, PVC plumbing, and opportunity to sub-meter to later bill tenants directly for the water. There is ample parking on site for residents and visitors. Multifamily has proven to be a COVID and inflation proof investment, and the area continues to see great rent collections. Centrally located hub of economic activity that is booming and growing from the inflow of residents from other States as they continue to be driven to Miami.,County Or Parish:Miami-Dade County,List Office Name:Fausto Commercial Realty Consultants Inc,Private Remarks:With rising population, high demand, it becomes ever more critical to capitalize now on such a unique location. Contact us now! - See attachments for income and expenses - and photos,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:1026,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:14064,Unparsed Address:1137 NW 2nd St, Miami FL 33128,Listing Agreement:Exclusive Right To Sell,Building Area Total:4574,Building Area Units:Square Feet,Lot Size Square Feet:7000,Original List Price:1800000,Previous List Price:1800000,Public Survey Range:41,I D X Participation Y N:1,Syndication Remarks:Here in Little Havana lies this exceptional 6 unit multifamily income producing property that was built in 1985.Four units are 2 bedroom 1 bath units, two are 1 bedroom 1 bath, all rents are month-to month. This gives investors the opportunity to increase revenues quickly to market levels. The roof was restored in early 2023, central A/C throughout the building, PVC plumbing, and opportunity to sub-meter to later bill tenants directly for the water. There is ample parking on site for residents and visitors. Multifamily has proven to be a COVID and inflation proof investment, and the area continues to see great rent collections. Centrally located hub of economic activity that is booming and growing from the inflow of residents from other States as they continue to be driven to Miami.,Listing Contract Date:2023-10-19,Originating System I D:miamire,Street Number Numeric:1137,Tax Legal Description:LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 16 LESS S10FT BLK 10 LOT SIZE 7000 SQUARE FEET OR 18450-3384 0199 1,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Visit Fausto Commercial for more investment opportunities.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2023-10-19,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,Internet Entire Listing Display Y N:1,Internet Automated Valuation Display Y N:1,