855.725.5890
Address127 Nw 47Th Ter, Miami, FL, 33127
Price$1,690,000
- 11 Beds
- 6 Baths
- Multi-unit
- 3,976 SQ FT
- Built in 1926
Great Investment opportunity with stable rent growth and cash flow. Located in close proximity to the Design District, Wynwood, and downtown Miami. In total the property consists of 6 individual units with a total of 11 bedrooms and 6 bathrooms. Included is 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 and an average monthly rent of $2,200. Laundry is on premiss. This property offers an opportunity to increase cash flow even further, through small improvements according to fair market value.
Essential Information
- MLS® #RX-10911891
- Price$1,690,000
- HOA Fees$0
- Taxes$9,043 (2022)
- Bedrooms11
- Bathrooms6.00
- Full Baths6
- Square Footage3,976
- Acres0.14
- Price/SqFt$425 USD
- Year Built1926
- TypeMulti-Unit
- Sub-TypeQuad Plex
- RestrictionsOther
- StyleNo
- StatusActive
Community Information
- Address127 Nw 47Th Ter
- Area2310
- SubdivisionSHADOWLAWN EXTENSION SUB
- CityMiami
- CountyMiami-Dade
- StateFL
- Zip Code33127
Amenities
- UtilitiesPublic Sewer
- WaterfrontNone
Interior
- # of Stories2
Exterior
- Exterior FeaturesOpen Porch
- Lot Description< 1/4 Acre
- RoofFlat Tile
- ConstructionCBS, Concrete
Additional Information
- Days on Website279
- ZoningT-3-L
Listing Details
- OfficeDouglas Elliman
Heating
Central, Central Individual, Electric
Cooling
Central, Central Individual, Electric
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Listing information last updated on May 20th, 2024 at 5:30pm EDT.
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