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

  • $1,690,000
634 SW 2nd St, Miami FL 33130
Residential Income Active
634 SW 2nd St, Miami FL 33130,Miami,Miami-Dade County,Residential Income
634 SW 2nd St, Miami FL 33130
  • $1,690,000

Overview

Property ID: HZA11542257
  • Quadruplex
  • Property Type
  • 4336
  • Square Feet
  • 1970
  • Year Built

Description

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

Details

Updated on August 14, 2024 at 6:09 am
  • Property ID: HZA11542257
  • Price: $1,690,000
  • Property Size: 4336 Square Feet
  • Year Built: 1970
  • Property Type: Quadruplex
  • Property Status: Residential Income

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