Riverside 634 SW 2nd St Miami, FL 33130
Overview
- Status: ActiveUnderContract
- Bed(s) No info
- Bath(s)
- Half Bath(s) 0
- Parking No info
- Size: 4,336 ft2/402.83 m2
- Price Per: $389.76 ft2/$4,195.35 m2
- Type: Multifamily
- Built: 1970
- HOA: No info
- MLS Number: A11542257
- View No info
- On Site: 346 days
- Updated: Listing Refreshed: 12 Days Ago
Nestled in East Little Havana, this 6-unit multifamily 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 deck with pro-graded waterproof membrane installed 2019 (HVHZ rated|10-yrs warranty), interior remodel, tankless water heaters (2019), wall-mounted AC (2020-2021), independent electrical panels/meters, and 50-year Recertification completed (2020). The occupancy rate above 99% for the past 5-yrs offers a steady cash flow on your investment. Rent Rolls, financials and investment pro-forma attached. Cap rate 7.95% @ market rents. Do not disturb tenants. All units rented M2M.
Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 08/14/2024 | Price Reduced | $1,690,000.00 | 2.3% | $389.76 ft2/$4,195.35 m2 |
| 02/29/2024 | Listed | $1,729,990.00 | $398.98 ft2/$4,294.62 m2 |
Contact Information
This property is courtesy of the Innova Real Estate Corp. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.