410 NW 47th Ave, Miami, FL, 33126

USD 2,650,000
For Sale

Property Details

Bedrooms

96

Bathrooms

64

Property Type

Single Family

Description

Property Details: • Type: Single Family • Bedrooms: 96 • Bathrooms: 64 • Square Feet: 6052

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

Location

Address

410 NW 47th Ave, Miami, FL, 33126

City

Miami

Features and Finishes

Year Built: 1960; [object Object]; [object Object]

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