2810 9Th St Miami, FL 33125

Property Details for 2810 9Th St

Year built

1957

Property type

Small apartment buildings

Description

This exceptional Little Havana triplex presents a compelling investment opportunity. Built in 1957, this one-story, Class B multifamily property boasts three units: two 2-bedroom, 1-bathroom units and one non-conforming 1-bedroom, 1-bathroom unit. All units are currently rented on a month-to-month basis, allowing for immediate rent increases to market value. Recent upgrades include brand new kitchens and air conditioning systems in all units, with two of the three units also featuring newly renovated bathrooms. Located at 2810 NW 9th St, Miami, FL 33125, this property benefits from its prime location in the heart of Little Havana, a vibrant and rapidly growing neighborhood. Little Havana's rich cultural scene, diverse culinary offerings, and proximity to downtown Miami attract a strong pool of potential renters. The property offers a 6.20% cap rate and is listed at $900,000. This represents a strong return on investment in a dynamic market with high rental demand and significant potential for long-term appreciation. The property's current condition and tenant occupancy provide immediate cash flow, making it an attractive option for both seasoned and new investors seeking a stable and profitable addition to their portfolio. Don't miss this chance to acquire a well-maintained, income-producing property in one of Miami's most sought-after neighborhoods.