Property Description
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.
Features
: Central
: Central Air
: 4
: Less Than 1/4 Acre Lot
: Flat Tile
: Public Sewer
Address Map
FL
Miami-Dade County
Miami
33142
3245 NW 47th St
KAY SUB 1ST ADDN
0
W81° 45' 0.7''
N25° 49' 2''
KAY SUB 1ST ADDN
MLS Addon
: Attached
23
: All Cash, Conventional
4
: Sewer, Water
2
: Quadruplex, Fourplex
$9,685
2024
: Municipal Water
0100
Residential Income For Sale
3245 NW 47th St, Miami, Florida 33142
3,150 Sqft
$880,000
Listing ID #A11712160
Basic Details
Property Type : Residential Income
Property SubType : Quadruplex
Listing Type : For Sale
Listing ID : A11712160
Price : $880,000
Square Footage : 3,150 Sqft
Year Built : 1953
Building Area : 3,150 Sqft
Status : Active
