817 2nd St ,Income Non-waterfront for Sale

817 2nd St for Sale

Price $1,600,000.00

• Lot size 7500
• Year Build 1974
• Waterfront
• Zip 33128
• Style
• Parking Description Shared Parking
• Pool Yes
• Status Active

Description

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.

If I did not answer your phone call, please call the owner directly at 786-942-3652

38 54 41 BRICKELLS RIVERVIEW PB 5-43 LOT 18 BLK 5 LOT SIZE 7500 SQUARE FEET OR 19798-2733 07 2001 1

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.

City:Miami,Zoning:3900,List A O R:A-Miami Association of REALTORS,Stories:3,Latitude:25.7759223,Cooling Y N:1,List Price:1600000,Listing Id:A11724081,Longitude:-80.2082682,Mls Status:Active,Year Built:1974,Directions:Use Google Maps,Inclusions:Leases,Postal Code:33128,Street Name:2nd St,Coordinates:1:25.7759223,Photos Count:20,Business Type:1:Residential-Multi-Family,Days On Market:1,Listing Terms:1:Conventional/Refinance,2:Secondary Financing,Lot Size Units:Square Feet,M I A M I R E_ Area:41,On Market Date:2025-01-13,Parcel Number:01-41-38-003-3650,Parking Total:9,Property Type:Commercial Sale,Stories Total:3,Street Number:817,Public Remarks: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.,County Or Parish:Miami-Dade County,List Office Name:Apas 1 LLC,Private Remarks:If I did not answer your phone call, please call the owner directly at 786-942-3652,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:1319,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:23157,Unparsed Address:817 NW 2nd St, Miami FL 33128,Listing Agreement:Exclusive Right To Sell,Operating Expense:43000,Security Features:1:Smoke Alarm,2:Smoke Detector(s),3:Security Fence,Building Area Total:6711,Building Area Units:Square Feet,Lot Size Square Feet:7500,Number Of Buildings:1,Original List Price:1600000,Public Survey Range:41,Documents Available:1:Photos,I D X Participation Y N:1,Net Operating Income:104000,Syndication Remarks: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.,Listing Contract Date:2025-01-13,Originating System I D:miamire,Public Survey Section:38,Street Number Numeric:817,Tax Legal Description:38 54 41 BRICKELLS RIVERVIEW PB 5-43 LOT 18 BLK 5 LOT SIZE 7500 SQUARE FEET OR 19798-2733 07 2001 1,Gross Scheduled Income:147000,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Multifamily apartment building for sale. This 6-unit apartment building is fully rented and making net income. Potential for redevelopment.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2025-01-13,Internet Address Display Y N:1,Number Of Units In Community:6,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution NOT Required,Internet Entire Listing Display Y N:1,Internet Automated Valuation Display Y N:1,