Miami, FL 33142,1250 NW 61st St
Miami, FL 33142,1250 NW 61st St
Miami, FL 33142,1250 NW 61st St
29
$842,500
$925,000
8.9%
Est.Price: ?

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3,712 SqFt

1250 NW 61st St Miami, FL 33142

Est. payment /mo
SOLD DATE : 02/07/2025

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Key Details

Sold Price $842,500

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,712 sqft

Price per Sqft $226

Subdivision Orchard Villa Extension

MLS Listing ID A11690756

Sold Date 02/07/25

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1964

Annual Tax Amount $10,225

Tax Year 2023

Contingent No Contingencies

Property Sub-Type Quadruplex

Property Description

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

Location

State FL

County Miami-dade

Community Orchard Villa Extension

Area 31

Interior

Heating Central

Cooling Central Air

Flooring Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 4

Private Pool No

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 Resale

Others

Tax ID 01-31-14-043-0490

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

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Listed by Miami Beach Real Estate Group
Bought with Miami Beach Real Estate Group

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agent

Anet Ortiz PA

Agent | License ID: SL3084854

+1(786) 399-5009

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