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1243 NW 61st St

Miami, FL 33142
  • $719,000
  • STATUS: Active
  • ON SITE: 41 Days
  • MLS #: A11199583
UPDATED: 36 min ago
$719,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,404
    SQFT
  • $211
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Description

Exceptional Fourplex located in the thriving NW Miami market. Consists of 4 two-bedroom/1-bath units, totaling 2800 of rentable square feet. Situated on a 5,300 S/F 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 $3,700 monthly, market is around $7,400 ($1900 X 4)Rents for similar properties in the area are fetching up to $2300.00/door! Please do not disturb the tenants. 48hrs notice for showings, POF required. No sight-unseen offers!

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Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-06-27T08:51:17.313.
www.castellihomes.com/homes/128775526
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1243 NW 61st St Miami, FL 33142

  • Price: $719,000
  • Status: Active
  • On Site: 41 Days
  • Updated: 36 min ago
  • MLS #: A11199583
0
Beds
0
Baths
0
½ Baths
0.08
Acres
3,404
SQFT
$211
$/SQFT
1964
Built
Neighborhood:
Orchard Villa Extension
County:
Miami-Dade
Area:
Orchard Villa Extension
Property Description
Exceptional Fourplex located in the thriving NW Miami market. Consists of 4 two-bedroom/1-bath units, totaling 2800 of rentable square feet. Situated on a 5,300 S/F 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 $3,700 monthly, market is around $7,400 ($1900 X 4)Rents for similar properties in the area are fetching up to $2300.00/door! Please do not disturb the tenants. 48hrs notice for showings, POF required. No sight-unseen offers!
Exterior Features

Architectural Style Attached Construction Materials Concrete Block Construction Lot Features Less Than 1/4 Acre Lot Parking Total 4 Pool Private YN No Roof Concrete View YN No Waterfront YN No

Interior Features

Adjusted Square Footage 2782 Building Area Total 3404 Cooling Central Air Flooring Ceramic Floor Heating Central Heating YN Yes Stories 2

Property Features

Association YN No Building Name Orchard Villa Extension Cooling YN Yes Documents Available Other Available InformationRent RollsService Contracts Horse YN No Listing Terms All CashConventional New Construction YN No Property Condition New Construction Property Sub Type Quadruplex Public Survey Section 14 Rent Includes GardenerSewerTrash Collection Senior Community YN No Sewer Public Sewer Structure Type QuadruplexFourplex Tax Annual Amount 3656 Tax Year 2021 Year Built Details New Construction Zoning 6107

Listing courtesy of The Keyes Company.


Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-06-27T08:51:17.313.
 
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Castelli Real Estate Services
2227 Wilton Drive
Fort Lauderdale FL, 33305