817 NW 2nd St Miami FL 33128 MLS #A11724081

817 NW 2nd St
Miami, FL, 33128
$1,650,000
Beds
0 Baths
6,711 SqFt
0 Acres
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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.

Property Details

Price:
$1,650,000
MLS #:
A11724081
Status:
Active
Beds:
0
Baths:
0
Address:
817 NW 2nd St
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Miami
Listed Date:
Jan 21, 2025
State:
FL
Finished Sq Ft:
6,711
Total Sq Ft:
6,711
ZIP:
33128
Year Built:
1974
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Parking Features
Shared Parking
Parking Spots
9

Financial

Net Operating Income
$104,000
Taxes
$23,157

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