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127 47th, Miami, FL 33127

Multi-family For Sale
$1,690,000

BTC: 25.10887073

ETH: 541.98629961

-$105K (2023/10/06)
277 days
0 room(s)
3,976 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Florida • Miami • 33127 • Multi-family • For Sale

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
1926
Lot:
6000 Square Feet
Heating:
No Data
Price/sqft:
$425
Cooling:
No Data
HOA:
No Data
All facts and features

  • Lot

    • Lot: 6000 Square Feet

    Other Property Information

    • Parcel Number: 0131240160540

    • Zoning: T-3-L

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $9,043

  • Source details

    • MLS ID: RX-10911891

    Other facts

    • Direction Faces: use GPS pls

    • Garage: Yes

    • Living Area: 3976

    • Lot Size Dimensions: 50.0 ft x 120.0 ft

    • Subdivision Name: SHADOWLAWN EXTENSION SUB

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The multiple listing information is provided by the Beaches MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Beaches MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Douglas Elliman