Courtesy of: Tinka Ellington, Douglas Elliman, tinka.ellington@elliman.com
Courtesy of: Tinka Ellington, Douglas Elliman, tinka.ellington@elliman.com
$1,690,000
|
11 bed
|
|
6.00 Bath (6 Full Bath)
|
|
Quadruplex
|
$1,690,000
127 NW 47th Terrace 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.
Courtesy of: Tinka Ellington, Douglas Elliman, tinka.ellington@elliman.com
Copyright © 2024 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.