369.38m² Land for sale in Miami, Miami-Dade, Florida, USA № 613251

$ 1 795 000

$ 4 859 per m²

369.38 Living space, m²

Miami, USA

Contact seller

Parameters

Living space, m²

369.38

613251

Address

127 NW 47th Terrace

Type

Land

Completion date

IV quarter, 1926

Property description

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.

Features

Air Conditioners
Flooring

Indoor facilities

Heating system
Veranda