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.
- Address 634 SW 2nd St
- City Miami
- County Miami-Dade
- Zip 33130
- Price $1,690,000
- Status Active Under Contract
- Subdivision
- Pets Allowed No
- MLS® # A11533761
- Property Type Commercial Sale
- Property Sub TypeMulti Family
- Status Active Under Contract
- Square Feet
- Year Built
- Waterfront No
- Maintenance Fees No Info Provided
- Taxes $17,110
- Tax Year 2023