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2

$985,000

1786 -1788 NW 47th Ter, Miami, FL 33142

Active
Last Updated: 10/22/2024

200,000

NOI

2 sqft

Building Size

Details:
NOI:    $200,000
Building Size:    2 sqft
Units:    2
Year Built:    2006
Floors:    1
Parking Spots:    6
Highlights:
  • Lot Features: City Location
  • Building Features: City Licenses, Landscaped, Laundry Facilities, Light Traffic, Lobby, Manager On Premises, Occupational Licenses, Other Licenses
  • Number Of Buildings: 2
  • Documents Available: Aerial Photo(S), Financial Statement, Investment Analysis, Other Available Information
  • Cooling: Central Building A/C
  • Heating: Central Electric
  • Flooring: Ceramic Floor, Tile
  • Construction Materials: Insulated
  • Parking Features: Free Parking, On Street
  • Security Features: Smoke Alarm, Smoke Detector(s), Fire Sprinkler System, Security Fence, Security Gate, Security Lights, Security System
  • Ownership: Self Proprietor/Individual
Description:

INVESTMENT/OPPORTUNITY ZONE PROPERTY in the Brownsville area, University of Miami Hospital, the Liberty City and Allapattah areas. 2 buildings, well-appointed, upgraded duplex has 6 bedrooms, over 2071 sft (actually 2233 adjusted for new patio on rear. NEW roof (2018), paint (2024), upgraded fire sprinkler systems ($75000), blinds (2024), upgraded kitchens, laundry room & new patio ($14,500). As cash-flowing Assisted Living Facility producing $200,000/yr, the property has a new generator (2024) $43,000. Metal security gate offers ample security to residents; new bathrooms and kitchen with stainless steel appliances, ample parking while centrally located with access to major highways and nearby schools. ALF has a dedicated caregiver. Current income is from ALF business with 10 residents.

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