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Kay Sub 1 St Addn
$880,000
3245 NW 47th St, Miami, FL 33142
For Sale
Multifamily
Duplex / Triplex / Fourplex
Active
Last Updated: 02/22/2025
3,150 sqft
Building Size
4
Units
Details:
Building Size: 3,150 sqft
Units: 4
Year Built: 1953
Floors: 2
Parking Spots: 4
Gross Leaseable Area: 3,150
Highlights:
- Lot Features: Less Than 1/4 Acre Lot
- Documents Available: Accounting Statements
- Architectural Style: Attached
- Cooling: Central Air
- Heating: Central
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.
Location
Gallery
