634 SW 2nd St, Miami, FL, 33130
1970
Fourplex
4,336 sqft
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.
Status:
Active
Type:
Multi-family
Zoning:
T4-R
Subdivision:
RIVERSIDE, MIAMI SOUTH
Heating:
Electric, Wall Furnace
Cooling:
Electric, Wall/Window Unit(s)
Energy Features:
Roof, Water Heater
Parking:
7-car
Est. Taxes:
$17,110
Construction
Block,Stucco
Utilities
Cable Available
Lot Description:
Interior Lot,1/4 to 1/2 Acre Lot
Days on Market:
116
Pool:
None
MLS #:
A11542257
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of INNOVA REAL ESTATE CORP Phone: 239-573-4646