Overview
Closing Costs Calculator- Status: Active
- Parking No info
- Size: 3,712 ft2/344.86 m2
- Price Per: $249.19 ft2/$2,682.28 m2
- Type: Multifamily
- Built: 1964
- HOA: No info
- MLS Number: A11690756
- View No info
- On Site: 47 days
- Updated: 41 Days Ago
- Page Views: 2
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, potential of $9200 income a month
Contact AdvisorDevelopment Amenities
Development Amenities:
- Sidewalk
- Street Lights
Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 11/08/2024 | Listed | $925,000.00 | $249.19 ft2/$2,682.28 m2 |
Features
Property Details for 1250 NW 61st St, Miami, FL 33142
Orchard Villa, Multifamily current status is Active, 1250 NW 61st St is a Multifamily in , Miami, FL 33142 with property MLS ID# A11690756.
This Multifamily has been listed on Best of Luxury Realty since November 08, 2024 and is currently priced at 925,000. This property was built in 1964.
- Bedrooms
- Bedrooms: No info
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms:
- Half Bathrooms: No info
- Master Bathroom Description: No info
- Exterior and Lot Features
- Exterior Features: No info
- View: No info
- Interior, Heating and Cooling
- Interior Features: No info
- Appliances: No info
- Heating Description: Central
- Cooling Description: No info
- Building and Construction
- Floor Description: Tile
- Windows/Treatment: No info
- Construction Type: Block
- Year Built: 1964
- Style: Fourplex
- Waterfront and Water Access
- Waterfront Property: No info
- Waterfront Frontage: No info
- Waterfront Description: No info
- Water Access: No info
- Water Description: No info
- School Information
- Elementary School: No info
- Middle School: No info
- High School: No info
- Other Property Info
- Community Name: Orchard Villa
- Subdivision Name: ORCHARD VILLA EXTENSION
- Property Type: Multifamily
- Property Subtype: Residential Income
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 11/08/2024
- Area: 31
- Brokered By: Miami Beach Real Estate Group
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $10,225.00 (2023)
Nearest Schools
Mortgage Calculator
Property Price:
$925,000.00
Initial Payment:
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Area Specialist
Buyer/Tenant EtiquetteAdbutler placeholder
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
This property is courtesy of the Miami Beach Real Estate Group. This listing has been viewed 2 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
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*Decrease/Increase: Listing values that are being calculated based on recorded price changes.
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