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Income/MultiFamily - for Sale

1137 NW 2ND ST, MIAMI, FL 33128

Asking Price$1,800,000

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  • Lot size 7000sqft
  • Taxes $14,064
  • Year Built 1985
  • Days on market:

    191 day(s)
  • Original Price:

    $1,800,000
  • 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
  • Property Type:

    Income/MultiFamily
  • Special Listing Conditions:

    Sale

Description

$1,800,000

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.

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