Orchard Villa 1250 NW 61st St Miami, FL 33142
Overview
- Status: Active
- Bed(s) No info
- Bath(s)
- Half Bath(s) 0
- 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: 66 days
- Updated: Listing Refreshed: 60 Days Ago
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
Price History
Date | Event | Price | Change Rate | Price Per |
---|---|---|---|---|
11/08/2024 | Listed | $925,000.00 | $249.19 ft2/$2,682.28 m2 |