Turn-key fourplex just passed its 40-year recertification and is ready to generate strong returns. Section 8 is now paying up to $2,300 for two-bedroom units, exceeding market rents for the first time, making this a prime investment opportunity.
3245 NW 47th St, Miami, FL 33142
Fourplex | 4 x 2Bed/1Bath Units
Central A/C | New Roof (3 Years Old) | 40-Year Recertification Completed
Lot Size: 7,875 SqFt | Building Size: 3,150 SqFt
Zoning: RU-1 Single-Family Residential District
Cap Rate: 7.1% | Pro-Forma: 9% | Price per Door: $220,000
Great opportunity for investors seeking high returns with minimal hassle. DM for details or to schedule a tour.
3,150 Sq Ft
Investment
$9,685 Annual Tax
Built in 1953
MLS/Listing ID A11712160
KAY SUB 1ST ADDN
2 Stories
4 Units
Flat Tile
Style - Attached
Cooling - Central Air
Listing Courtesy of CAMPOS COMMERCIAL REAL ESTATE LLC, FRANCISCO CAMPOS - 786-805-7408
Source of Data: MIAMI ASSOCIATION OF REALTORS