FOR SALE

817 2nd St

Miami-dade, Miami, FL

Asking

$1,550,000

BTC

17.763

ETH

983.23

Home Size
6,711 sq. ft.
Year Built
1974
Multifamily apartment building for sale. This 6-unit apartment building is fully rented and making net income--please see the attached pro-forma statement for details. Most tenants have been residing in the building for years. Finding new tenants is surprisingly easy, just put a "for rent" sign in the fence and get about 30 phone calls in one weekend. This property has potential for redevelopment as evidenced by the two new buildings built in front. The roof and all the electrical equipment were completely replaced last year as per current coding. Minor structural repairs will be finished in some weeks. 50-year recertification is almost complete, and owner guarantees that all requirements will be completed by the closing date.

LOADING

Market Area

Miami-Dade

Agent

Alvaro Parra Ayala

+1 310 910 1722

Contact Email

listings@realopen.com