Property Description

Metro 1 is pleased to present 1332 SW 2nd Street, a fully occupied six-unit apartment building in Miamis Little Havana neighborhood. Offeredat $1,250,000, the property comprises approximately 4,528 square feeton a 7,500-square-foot lot. The unit mix includes four two-bedroom/two-bathroom apartments and two one-bedroom/one-bathroomapartments. The current rent roll generates a 5.4% cap rate. The property offers a defined, renovation-driven value-add opportunity.Located a few blocks north of Calle Ocho, the property is near LittleHavanas primary cultural and entertainment district, including DominoPark, Tower Theater and Ball & Chain. Little Havanas central positionjust west of Downtown Miami and Brickell, established renter base,walkable urban fabric and internationally recognized cultural identitymake this a compelling opportunity to acquire immediate income withattainable rental upside in one of Miamis most distinctive urban-coreneighborhoods.

Property Features