410 Nw 47th Ave, Miami, FL 33126
- $2,650,000
- 6,052
- SqFt
- List Price
- $2,650,000
- MLS
- A12004109
- Complex Name
- Flagler Grove Estates Ext
- Status
- ACTIVE
- Type
- Multifamily
- Living Area
- 6,052
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.
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Additional Information
- Days on Market
- 144
- Style
- Quadruplex, Fourplex
- #Parking Spaces
- 10
- Year Built
- 1960
- Development Name
- Flagler Grove Estates Ext
- #Stories
- 2
- Construction Type
- CBS Construction
- Section
- 6
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Listing Courtesy of WERC Realty, LLC, Contact: