$1,110,000
$1,100,000
0.9%For more information regarding the value of a property, please contact us for a free consultation.
850 NW 2nd St Miami, FL 33128
5,314 SqFt
Key Details
Sold Price $1,110,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,314 sqft
Price per Sqft $208
Subdivision Brickell Riverview
MLS Listing ID A11295079
Sold Date 02/02/23
Style Fourplex
Construction Status Effective Year Built
HOA Y/N No
Year Built 1918
Annual Tax Amount $12,868
Tax Year 2022
Contingent No Contingencies
Property Description
Fausto Commercial presents a great opportunity to invest in East Little Havana. This property is in a very desirable pocket of Little Havana, Riverview. Area is surrounded by future developments sites that will modernize the area. This property consist of 9 legal units. There is a single family house in the front of the property with 4 bedrooms and 2 bathrooms rented at $3,000 per month, Behind that structure is a two story, block construction, 8 unit building. All units in the rear structure consist of 1 bedroom 1 bathroom units rented below market giving you immediate upside to increase income. It is fully occupied and each unit pays $1150. Great value add opportunity. Total Monthly Gross income $12,200
Location
State FL
County Miami-dade County
Community Brickell Riverview
Area 41
Interior
Heating Central
Cooling Central Air
Flooring Vinyl
Exterior
Pool None
Utilities Available Cable Not Available
Waterfront No
Roof Type Flat,Shingle
Total Parking Spaces 2
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Block,Frame,Stucco
Construction Status Effective Year Built
Others
Tax ID 01-41-38-003-3310
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Read Less
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Bought with Fausto Commercial Realty Consultants Inc