$830,000
$925,000
10.3%For more information regarding the value of a property, please contact us for a free consultation.
1258 NW 61st St Miami, FL 33142
3,028 SqFt
Key Details
Sold Price $830,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,028 sqft
Price per Sqft $274
Subdivision Orchard Villa Extension
MLS Listing ID A11602823
Sold Date 10/01/24
Style Fourplex
Construction Status Effective Year Built
HOA Y/N No
Year Built 1959
Annual Tax Amount $11,000
Tax Year 2023
Contingent No Contingencies
Property Description
Great investment return potential with increasing property value, this renovated Fourplex near Liberty City Square, an up and coming multibillion dollar development is a great purchase for first time homebuyers or savvy investors. Each unit has 2 bedrooms and 1 bathroom. Owner recently painted, updated the roof, driveway and minor electrical. Two tenants are months to month paying $1595 so property is perfect for FHA buyer or Conventional primary. The other two tenants lease expires February 2025 they are renting for $1800 and $1850. Mostly Expenses include trash $185, lights $32, and Lawn service $50 per month. Section 8 Rental income potential at $2250 per unit is $9000.
Location
State FL
County Miami-dade
Community Orchard Villa Extension
Area 31
Interior
Heating Central
Cooling Central Air
Flooring Concrete, Tile
Exterior
Pool None
Utilities Available Cable Not Available
Waterfront No
Roof Type Flat,Tile
Total Parking Spaces 4
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status Effective Year Built
Others
Tax ID 01-31-14-043-0480
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
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Bought with Cervera Real Estate Inc.