127 Nw 47th Ter, Miami, FL

$1,690,000

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11

Beds

6

Baths

3,976

Square feet

0.14

Acres

About 127 Nw 47th Ter

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.

Features of 127 Nw 47th Ter

MLS® # RX-10911891
Price $1,690,000
Bedrooms 11
Bathrooms 6.00
Full Baths 6
Square Footage 3,976
Acres 0.14
Year Built 1926
Type Multi-Unit
Sub-Type Quad Plex
Style No
Status Active

Community Information

Address 127 Nw 47th Ter
Area 2310
Subdivision SHADOWLAWN EXTENSION SUB
City Miami
County Miami-Dade
State FL
Zip Code 33127

Amenities

Utilities Public Sewer
Is Waterfront No
Waterfront None
Has Pool No

Interior

Heating Central, Central Individual, Electric
Cooling Central, Central Individual, Electric
# of Stories 2

Exterior

Exterior Features Open Porch
Lot Description < 1/4 Acre
Roof Flat Tile
Construction CBS, Concrete

Additional Information

Zoning T-3-L
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeDouglas Elliman
Phone(954) 448-5226

Listing Map

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