Price Reduced 2.31%
Price History
$1,729,990
2/12/2024
$1,690,000
8/14/2024
634 SW 2nd St, Miami, FL, 33130
Nestled in East Little Havana, this 6-unit multifamily is blocks away from the Miami River, Downtown, Brickell, Calle 8, the Brightline Station, MDC Campus, traditional and Michelin star restaurants, world class museums, art galleries, live music venues, and the Marlins Stadium. The property features concrete roof deck with pro-graded waterproof membrane installed 2019 (HVHZ rated|10-yrs warranty), interior remodel, tankless water heaters (2019), wall-mounted AC (2020-2021), independent electrical panels/meters, and 50-year Recertification completed (2020). The occupancy rate above 99% for the past 5-yrs offers a steady cash flow on your investment. Rent Rolls, financials and investment pro-forma attached. Cap rate 7.95% @ market rents. Do not disturb tenants. All units rented M2M.
Status:
Pending
Type:
Commercial
Units:
6
Zoning:
T4-R
Garage:
Assigned, On Street
Heating:
Window Unit, Wall Furnace
Cooling:
Wall/Window Unit(s)
Energy Features:
Roof, Water Heater
Parking:
7-car
Acreage:
0.17
Est. Taxes:
$17,110
Construction
Block,Stucco
Days on Market:
277
Lease Term Type:
12 Months
MLS #:
A11533761
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of INNOVA REAL ESTATE CORP Phone: 239-573-4646