$2,650,000

For sale

410 NW 47th Ave, Miami FL 33126

6,052 sq ftBuilt 1960MLS# A12004109

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About this property

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.

Property details

Property type
Multi-family
Year built
1960
Living area
6,052 sq ft
Price per sq ft
$438
Property taxes
$19,214/yr
Parking
10 spaces
Building / community
Flagler Grove Estates Ext
Status
For sale
MLS #
A12004109

Listing courtesy of WERC Realty, LLC.

Location

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