410 NW 47th Ave, Miami FL 33126

$2,650,000

Overview

Quadruplex
Property Type

6052 Square Feet
Area Size

Square Feet
Land Area

1960
Year Built

WERC Realty, LLC
Listing Office

Marc Salvat
Listing Agent

A12004109
Property ID

360° Virtual Tour

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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