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922 NW 2nd St
Miami, FL 33128
Multifamily Property For Sale · 4 Units
PROPERTY FACTS
| No. Units | 4 | Building Size | 2,354 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1925 |
| Building Class | C | Parking Ratio | 2.55/1,000 SF |
| Lot Size | 0.14 AC |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 2,354 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1925 |
| Parking Ratio | 2.55/1,000 SF |
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Range
Site Amenities
- Laundry Facilities
- Playground
- Tennis Court
- Basketball Court
About 922 NW 2nd St , Miami, FL 33128
Eleventrust is proud to present Henderson Park Fourplex, 922 NW 2 St. Miami, FL. This property was built in 1925 with concrete slab on 6,000 sq. ft. lot zoned T4-R. Offers a great unit mix: 3 Bed/1 Bath, 2 Bed/1 Bath and (2) 1 Bed/1 Bath units. Property is divided in 2 structures, each unit with their own electric meter. Property needs some improvements and that is the value add opportunity for the investor. Currently the building is running on 5.6% cap rate so investor has the opportunity to invest $5k-$10k per unit in improvements, in order bring the rents to market and enjoy over a 7.3% return on investment. Great central location, property is 1/2 mile from the Miami River, walking distance to Seaspice, Crust- "One of the Best Pizzas in town" and Garcia's seafood restaurant. Only 1.5 miles from Downtown Miami & 1 mile from Government Center Train Station.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $900.00 | - |
| 2+1 | 1 | $1,200 | - |
| 3+1 | 1 | $1,300 | - |
PROPERTY TAXES
| Parcel Number | 01-4138-003-0740 | Improvements Assessment | $517,042 |
| Land Assessment | $561,323 | Total Assessment | $1,078,365 |
PROPERTY TAXES
zoning
| Zoning Code | T4-R |
| T4-R |
