Miami, FL 33142,1258 NW 61st St
Miami, FL 33142,1258 NW 61st St
Miami, FL 33142,1258 NW 61st St
Miami, FL 33142,1258 NW 61st St
Miami, FL 33142,1258 NW 61st St
Miami, FL 33142,1258 NW 61st St
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$830,000

$925,000

10.3%
Est.Price: ?

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Est. payment /mo

3,028 SqFt


SOLD DATE : 10/01/2024

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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Listed by JPM Services
Bought with Cervera Real Estate Inc.
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