410 Nw 47th Ave, Miami, FL 33126

$2,650,000
6,052
SqFt

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List Price
$2,650,000
MLS#
A12004109
Sq. Ft
6,052
Subtype
Quadruplex
County
Miami-Dade
Community
Flagler Grove Estates Ext
Subdivision
Flagler Grove Estates Ext
Year Built
1960

Property Description

Cash-flowing 8-unit property generating $14,000/month plus an additional $300/month from on-site laundry, totaling $171,600 in annual revenue. The unit mix consists of four 2-bedroom/1-bath units and four 1-bedroom/1-bath units. Each unit is separately metered for electricity and features its own central A/C system with both indoor and outdoor components. The roof is only 5 years old, and the 40-year recertification has been recently completed. This is an ideal value-add opportunity for investors, with rents currently below market and all leases on a month-to-month basis. The landlord holds security deposits for all tenants. The property is well-maintained, with clean interiors, strong long-term tenants, and ample parking, including 8 assigned spaces and 2 guest spots. Call for private tour today.

Additional Information

Status Label
ACTIVE
Total Unitsin Complex
1
Construction
CBS Construction
Cooling
Central Air
Flooring
Tile
Heating
Central
Lot Description
Less Than 1/4 Acre Lot
Roof
Shingle
Taxes
$19,214
Total Floors
2
Stories
2
Roofing
Shingle
Price Per Sqft
$437

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Calculator source: Real Geeks

Listing Courtesy Of WERC Realty, LLC, Contact: