Property Details
| Sold Price | $2,260,000 |
|---|---|
| Last Asking Price | $2,480,000 |
| Price per SqFt | — |
| Maintenance fee | Inquire |
| Property Taxes | $10,717 2021 |
| Interior Space | — |
| Beds/Baths | —/— |
| Year Built | 1942 |
| Lot Size | 7,405 SqFt |
| Closed Date | 6/2/2022 |
| MLS # | A11139043 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
Fausto Commercial is pleased to present this exceptional Overtown 16-unit Multifamily Apartment Building. The property consists of 16 one-bedroom/one-bathroom units totaling 8,178 rentable square feet. Property is a 1940's vintage with a new roof, new railing, and new fire alarms installed in the last 5-years. Solid opportunity for someone interested in renovating and adding value to this multifamily income property. Seller is intending on delivering approved permits for a full gut renovation for the property. It is situated on 7,500 Sq Feet of land. This exceptional property is being offered for sale at $2,480,000. After renovation and renting the units at market rent, the year one cap is expected to be at 7%.
Listed by Fausto Commercial Realty Consultants Inc
Sales History for This Home · 1829 NW 2nd Court, Miami, FL 33136
Sales history is unavailable for this property
Listed by Fausto Commercial Realty Consultants Inc. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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Location
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