127 Northwest 47th Terrace
127 Northwest 47th Terrace
$1,690,000
—
3,976
3,976
$425
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...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.
- Listed by Tinka Ellington • Douglas Elliman
- Listed by Adam Gautreaux • Douglas Elliman
Property Details for 127 Northwest 47th Terrace
Subdivision
SHADOWLAWN EXTENSION SUB
WaterfrontNo
Waterfront DetailsNone
StyleNo Pool/No Water
Location
LISTING UPDATED: 10/06/2023 08:41 AM
Property Details for 127 Northwest 47th Terrace
Status | Active |
---|---|
MLS # | RX-10911891 |
Days on Market | 261 |
Taxes | $9,043 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Quad Plex |
Year Built | 1926 |
Lot Size | 0.14 AC / 6,000 SF |
County | Miami-Dade County |
Location
Building Information for 127 Northwest 47th Terrace
Stories2Residences6Year Built1926Building Size-Lot Size0.14 AC / 6,000 SF
Payment Calculator
$9,977 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 127 Northwest 47th Terrace
Property History for 127 Northwest 47th Terrace
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 127 Northwest 47th Terrace
Taxable ValueLand$381,024Additions$329,787Total$710,811
Tax Record2023$11,457 ($955 / month)
Home Facts
Total Finished SqFt1,492 SqFtAbove Grade Finished SqFt1,492 SqFtStories1Lot Size6,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1926Year Renovated1965Zoning0104CountyMIAMI-DADEAPN01-3124-016-0540
Schools near 127 Northwest 47th Terrace
This home is within Miami-Dade.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | PK to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Shadowlawn Elementary School PublicPK to 5 | ||
Air Base K-8 Center for International Education PublicPK to 8 | ||
Jose De Diego Middle School Public6 to 8 | ||
Robert Morgan Voc-Tech Institute Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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