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1250 NW 61st St, Miami FL 33142

Multi-family For Sale
$925,000

BTC: 10.45197740

ETH: 285.49382716

3 days
0 room(s)
3,712 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

This property at 1250 NW 61st Street is a fourplex, with each of the four units offering a 2-bedroom, 1-bath layout. All units are equipped with central air conditioning, and the property features four separate electric meters, which simplifies billing and utilities for tenants. Located in a developing neighborhood with growth potential, this property has strong income-generating possibilities. Current income is $7200 a month but With Section 8, each unit’s rent can be increased to $2,300, adding to the investment appeal. The current long-term tenants add stability, making this a potentially low-turnover, high-revenue property for buyers looking to capitalize on rising rents in an up-and-coming area. All units in great shape , see pics

Location

Florida • Miami • 33142 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1964
Lot:
No Data
Heating:
Central
Price/sqft:
$249
Cooling:
Central Air
HOA:
No Data
All facts and features

  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 01-31-14-043-0490

    • Zoning: 3901

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $10,225

  • Source details

    • MLS ID: A11690756

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Architectural Style: Attached

    • Living Area: 3712

    • Subdivision Name: ORCHARD VILLA EXTENSION

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Miami Beach Real Estate Group