USD 1,100,000

1935 SW 2nd St
Miami, Florida 33135

For Sale

Property Description

Synergy Realty Advisors is proud to present a legal five unit multifamily located in the heart of Little Havana. The property is located within minutes from Brickell, Downtown and walking distance to Flagler street which has bus stops, trolley stops, restaurants, shops, pharmacies, supermarkets etc. There are two 2BR|1 BA units in the front building and the back building consists of three 1BR/1BA’s units. The property has major upside once rents are raised and has a 6.29% pro forma cap. Current cap is 5.73%. Both buildings were fully renovated in 2012. Seller replaced roofs, kitchens, bathrooms, electrical, flooring and wall units. The buildings have new PVC plumbing, new asphalt parking (all done with permits). There are three leases that are month to month.

Listed by Synergy Realty Advisors

Property Details

ID #
A11198610
Status
Sale
Type
Commercial, Industrial, Income/Multi-Family 5+
Zip Code
33135
Year Built
1938
Parking Spaces
6
Building Feature
Air Conditioning
Ground Feature
Fenced
Roof Material
Wood shingle roof
Water Source
City/mains water
Septic
City sewer
Construction
CBS Construction
Electric Service
101-200 Amps
Floor
Tile Floors
Heating
Wall/Window Units
Location
City Location
Occupancy
Tenant Occupied
Parking
Assigned Parking
Road Frontage
City Road
Road Type
Two Lane
Type of Building
Apartments
Utilities
Internet
Zoning Information
3900
Listing content provided by the Miami Association of REALTORS
Disclaimer: BBC: 2%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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