127 NW 47th Terrace

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.

Studio

4,120 Sq.Ft. LIVING AREA

6,000 Sq.Ft. lot

Features & Amenities

Interior

total bedrooms0
Flooring Other

Area & Lot

Status For Sale
Living Area4,120 Sq.Ft.
Lot Area6,000 Sq.Ft.
MLS® IDR11061048
TypeResidential
YEAR BUILT1926

Exterior

STORIES2
water SourcePublic
utilitiesSewer Available, Water Available
PoolNone
roofFlat, Tile
lot features1/4 Acre
HEAT TYPECentral, Electric
AIR CONDITIONINGCentral Air, Electric
sewerPublic Sewer
other exterior FeaturesPorch

Financial

Sales Price$1,690,000
Real Estate Tax $13,304/yr

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127 NW 47th Terrace

$1,690,000

Features & Amenities

Interior

Area & Lot

Exterior

Financial

Schedule a Showing

Schedule a Showing

Mortgage Calculator

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Contact Details

JON GOLDMAN

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