634 SW 2nd St, Miami FL 33130,Miami,Miami-Dade County,Residential Income

  • $1,729,990
634 SW 2nd St, Miami FL 33130
  • Quadruplex
  • Property Type
  • 4336
  • 1970
  • Year Built
Residential Income Active
634 SW 2nd St, Miami FL 33130,Miami,Miami-Dade County,Residential Income
634 SW 2nd St, Miami FL 33130
  • $1,729,990

Description

Nestled in East Little Havana, this 6-unit building 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 with waterproof membrane (2019), tankless water heaters (4DU 2019), wall-mounted AC (2020-2021), interior remodel (5DU 2019) and independent electrical panels/meters. 50-year Recertification completed (2020). The occ. above 99% offers a steady cash flow on your investment. Rent Rolls, 2023 financials and investment pro-forma attached. Besides multi-family housing, T4-R zoning allows home office use by right and B&B by warrant. Cap rate 7.76% @ market rents. Do not disturb tenants.

  • Address 2nd St
  • City Miami
  • State/county Miami-Dade County
  • Zip/Postal Code 33130
  • Area MIAMI SOUTH, Riverside

Details

Updated on July 21, 2024 at 9:50 pm
  • Property ID: A11542257
  • Price: $1,729,990
  • Property Size: 4336 m²
  • Year Built: 1970
  • Property Type: Quadruplex
  • Property Status: Residential Income

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David Maison Soto
  • David Maison Soto