Basic Information

  • MLS # A11199583
  • Type Quadruplex
  • Status Closed
  • Subdivision/Complex Orchard Villa Extension
  • Year Built 1964
  • Total Sqft 3,404
  • Date Listed 05/16/2022
  • Days on Market 135
Description

Exceptional Fourplex located in the thriving NW Miami market. Consists of 4 two-bedroom1-bath units, totaling 3400 of rentable square feet. Situated on a 5,300 SF 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 4Rents for similar properties in the area are fetching up to 2300.00door! Please do not disturb the tenants. 48hrs notice for showings, POF required. No sight-unseen offers!

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Style Quadruplex

Interior Features

  • Adjusted Sqft 3,404Sq.Ft
  • Cooling Description Central Air
  • Floor Description Ceramic Tile
  • Heating Description Central
  • Sqft 3,404 Sq.Ft

Property Features

  • Address 1243 NW 61st St
  • Aprox. Lot Size 3,404
  • Construction Materials Block
  • Furnished Info no
  • Listing Terms Cash, Conventional
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info Orchard Villa Extension
  • Tax Amount $3,656
  • Tax Legal desc 14 53 41 ORCHARD VILLA EXT PB 17-55 LOT 33 BLK 2 LOT SIZE 50.000 X 106 OR 21169-4123 04 2003 1 COC 23540-2992 06 2005 1
  • Tax Year 2021
  • Terms Considered Cash, Conventional
  • Type of Property Quadruplex

1243 NW 61st St

Miami, FL 33142

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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 ©2023-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: The Keyes Company. tel: 305-443-7423

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