$1,690,000
For Sale

127 NW 47th Terrace

Miami, FL 33127
4120 sqft | 0.14 acres | #RX-11061048
Browse 62 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Great Investment opportunity with stable rent growth and cash flow. Located in close proximity to the Design District, Wynwood, and downtown Miami. The property has a new roof and consists of 6 individual units with a total of 11 bedrooms and 6 bathrooms. Included a one story single family home which was subdivided into a 2 bedrooms, 1 bath apartment and an additional 1 bedroom, 1 bath apartment. Two separate 2 -story buildings in the back of the property consist of another 4 apartments, each having 2 bedrooms and 1 full bath. All units are secured with current tenants. Laundry is on premise. This property offers an opportunity to further increase cash flow through small improvements according to fair market value.

  • Property Details
      • CoolingCentral, Central Individual, Electric
      • Utility FeaturesPublic Sewer, Public Water
      • SubdivisionSHADOWLAWN EXTENSION SUB
      • Property TypeMulti-Family
      • MLS #RX-11061048
      • MLS #RX-11061048
      • Lot Features< 1/4 Acre
      • Lot Description< 1/4 Acre
      • Exterior FeaturesOpen Porch
      • Exterior MaterialsOpen Porch
      • CountyMiami-Dade
      • Original List Price$1,690,000
      • Property SubtypeQuadruplex
      • RoofFlat Tile
      • Taxes Annual$13,303
      • Cost1690000
      • Acres0.138
      • Square Feet4120
      • Lot Size (sqft)6000
      • Year Built1926
      • Zoning0104
      • Stories2

Location

Peterson Pierre-Louis | Optimar International RealtyReal Estate Group

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