1994 NW 47 TER, Miami, FL 33142 Homes for Sale

For Sale

$900,000

• 6 beds
• 5 baths
• 2167 Sq Ft

1994 NW 47 Terrace,
Miami, FL, 33142

Latitude 25.81807 - Longitude -80.230176

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Overview

Listing Status Active

MLS A11681510

Property Type

Duplex

Year built

1946

Total rooms

6

Lot size

0 Acres

Time on NeighborWho

-

Stories

-

Price per Sq Ft

$415

Parking

6e0 car garage

Basement

-

About 1994 NW 47 TER, Miami, FL

Don't miss out on this incredible opportunity to invest in a property with endless possibilities! This unique listing features two detached structures on a 10,000 sqft LOT, providing privacy for each unit. Front unit boasts a 4/3.5 layout, while back unit offers a cozy 2/1 space. Front unit entirely remodeled! If you rent the 4/3.5 as a... 1/1+3/1.5, you have a solid 6% cap b/t the three units (1 bed and bath can easily be separated as an efficiency/ in law quarter)! 2/1 can easily be rented around $2300 (current tenant paying $900). Property also qualifies for AIRBNB, so your cap rate could be even higher! Property has the potential to be split into 2 lots allowing for redevelopment and even more value. Separate electrical and water meters for the 4/3.5 and 2/1 units make billing a breeze. Read more

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