This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
922 NW 2nd St
Miami, FL 33128
Henderson Park Fourplex · 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 5.25% cap rate so investor has the opportunity to invest $5k-$10k per unit in improvements, in order bring the rents to market and enjoy a 7% 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 |
|---|---|---|---|
| 3+1 | 1 | $1,400 | - |
| 2+1 | 1 | $1,225 | - |
| 1+1 | 2 | $900.00 | - |
PROPERTY TAXES
| Parcel Number | 01-4138-003-0740 | Improvements Assessment | $359,234 |
| Land Assessment | $390,000 | Total Assessment | $749,234 |
PROPERTY TAXES
zoning
| Zoning Code | T4-R |
| T4-R |
Learn More About Investing in Apartment Buildings
