Miami, FL 33142,1243 NW 61st St
Miami, FL 33142,1243 NW 61st St
Miami, FL 33142,1243 NW 61st St
Miami, FL 33142,1243 NW 61st St
Miami, FL 33142,1243 NW 61st St
Miami, FL 33142,1243 NW 61st St
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$690,000

$719,000

4.0%
Est.Price: ?

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Est. payment /mo

3,404 SqFt


SOLD DATE : 09/28/2022

Key Details

Sold Price $690,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,404 sqft

Price per Sqft $202

Subdivision Orchard Villa Extension

MLS Listing ID A11199583

Sold Date 09/28/22

Style Fourplex

Construction Status New Construction

HOA Y/N No

Year Built 1964

Annual Tax Amount $3,656

Tax Year 2021

Contingent No Contingencies

Property Description

Exceptional Fourplex located in the thriving NW Miami market. Consists of 4 two-bedroom/1-bath units, totaling 3400 of rentable square feet. Situated on a 5,300 S/F lot, this exceptional property is being offered for sale at $719,000. A great investment opportunity for those looking to take advantage of the overwhelming surge of upward pressure on rents and development in the area. The Building is currently approved and functioning as Section 8. As the new owner you have the opportunity to value-add by increasing rents which are currently below market. Now collecting $3,800 monthly, market is around $7,400 ($1900 X 4)Rents for similar properties in the area are fetching up to $2300.00/door! Please do not disturb the tenants. 48hrs notice for showings, POF required. No sight-unseen offers!

Location

State FL

County Miami-dade County

Community Orchard Villa Extension

Area 31

Interior

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Concrete

Total Parking Spaces 4

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Construction Status New Construction

Others

Tax ID 01-31-14-043-0400

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

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Listed by The Keyes Company
Bought with JMK Real Estate Agents LLC
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