410 NW 47th Avenue, 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
Subdivision
Flagler Grove Estates Ext
Region
2410
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

Heating
Central, Separate Meters
Cooling
Central Air
Roof
Shingle
Sewer
Public Sewer
Water
Public
Parking Spaces
10
Flooring
Tile
Construction
Block
Living Area
6,052
Elementary School
Henry M. Flagler
Middle School
Kinloch Park
High School
Coral Gables

Listing courtesy of WERC Realty, LLC. Contact:

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