1362 SW 2nd St, Miami FL 33135
What's special
Finally, this Cashy Cow is for sale. Legal 20 unit apt bldg. The in place gross yearly rental income is presently $335,880.00. The current NOI is $224,176.00! Even at these outstanding income numbers there is plenty of upside in raising rents. Sec 8 rents are much higher than current rents. Property feat. newer roofs & new PVC plumbing. There are 6 two bedroom units & 14 one bedroom units. Always 100% occupied. Priced at only $199,500 a unit this is unheard of for a 20 unit bldg. in Little Havana w/ these in place rents. 40 year certifications recently completed. Click on attachments to view the current rent roll, 2024 operating statement and 40 year certifications. The property has a Freddie Mac loan that is assumable. The rate is 3.83%. The balance is $1,735,000. Maturity date is 2030.
Facts & features
Interior
- Bedrooms:0
- Bathrooms:0
- Full bathrooms:
- 1/2 bathrooms:
- None
- Wall/Window Unit(s)
- Total interior livable area:8019sqft
Property
- Garage spaces:
- Stories:2
- Has private pool:Yes
- Has view:Yes
- Has water view:Yes
- Size:Acres
- Zoning:3901
Construction
- New construction:NoYes
- Year built:1914
Utilities & green energy
- Sewer:Public Sewer
- Water:
Community
Financial & listing details
- Price per square foot:0
- Annual tax amount:
- Date on market:March 27, 2025
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