New Listing - 10/23/2024
1994 NW 47 TER, Miami, FL, 33142
1946
2,167 sqft
Don't miss out on this incredible opportunity to invest in a property with endless possibilities! This unique listing features two detached structures on a 10,000 sqft LOT, providing privacy for each unit. Front unit boasts a 4/3.5 layout, while back unit offers a cozy 2/1 space. Front unit entirely remodeled! If you rent the 4/3.5 as a 1/1+3/1.5, you have a solid 6% cap b/t the three units (1 bed and bath can easily be separated as an efficiency/ in law quarter)! 2/1 can easily be rented around $2300 (current tenant paying $900). Property also qualifies for AIRBNB, so your cap rate could be even higher! Property has the potential to be split into 2 lots allowing for redevelopment and even more value. Separate electrical and water meters for the 4/3.5 and 2/1 units make billing a breeze.
Status:
Active
Type:
Multi-family
Zoning:
5700
Subdivision:
17 AVE MANOR
Heating:
Central, Wall Furnace
Cooling:
Central Air, Wall/Window Unit(s)
Parking:
6-car
Est. Taxes:
$7,262
Construction
Block,Frame,Stucco
Utilities
Cable Available
Lot Description:
< 1/4 Acre
Days on Market:
2
Pool:
None
MLS #:
A11681510
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of KELLER WILLIAMS EAGLE REALTY Phone: 305-757-1700