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1258 NW 61st St, Miami FL 33142,Miami,Miami-Dade County,Residential Income

$925,000

Residential Income Active

1258 NW 61st St, Miami FL 33142

WhatsApp Pinterest Facebook Twitter Linkedin Email

Residential Income Active

1258 NW 61st St, Miami FL 33142,Miami,Miami-Dade County,Residential Income

1258 NW 61st St, Miami FL 33142

$925,000

Overview

Quadruplex
Property Type

3028
Square Feet

1959
Year Built

Description

Great investment return potential with increasing property value, this renovated Fourplex near Liberty City Square, an up and coming multibillion dollar development is a great purchase for first time homebuyers or savvy investors. Each unit has 2 bedrooms and 1 bathroom. Owner recently painted, updated the roof, driveway and minor electrical. Two tenants are months to month paying $1595 so property is perfect for FHA buyer or Conventional primary. The other two tenants lease expires February 2025 they are renting for $1800 and $1850. Mostly Expenses include trash $185, lights $32, and Lawn service $50 per month. Section 8 Rental income potential at $2250 per unit is $9000.

Address

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Address 61st St
City Miami
State/county Miami-Dade County
Zip/Postal Code 33142
Area ORCHARD VILLA EXTENSION

Details

Updated on August 10, 2024 at 5:25 pm

Property ID: A11602823
Price: $925,000
Property Size: 3028 Square Feet
Year Built: 1959
Property Type: Quadruplex
Property Status: Residential Income

Additional details

StreetDirPrefix: NW
PublicSurveyRange: 31
ShowingInstructions: See Broker Remarks
ListAgentKey: 637146f40d05c0d6158488570fd884a8
TaxLegalDescription: ORCHARD VILLA EXT PB 17-55 LOT 5 BLK 3 LOT SIZE 50.000 X 106 OR 20707-1885 09 2002 1 COC 26013-2031 10 2007 3
OnMarketDate: 2024-06-07
ListAgentEmail: [email protected]
ContractStatusChangeDate: 2024-06-07
MajorChangeTimestamp: 2024-08-10T16:23:26.130Z
Flooring: Concrete,Tile
PhotosCount: 17
SubAgencyCompensation: 2%
Cooling: Central Air
StatusChangeTimestamp: 2024-06-07T12:15:13.947Z
MIAMIRE_TypeofAssociation: None
BuildingName: ORCHARD VILLA EXTENSION
PriceChangeTimestamp: 2024-08-10T16:23:26.130Z
ListingKeyNumeric: 396882901
MajorChangeType: Price Decrease
ListingContractDate: 2024-06-07
Zoning: 3901
ListAOR: A-Miami Association of REALTORS
MLSAreaMajor: Orchard Villa Extension
TaxAnnualAmount: 11000
ListOfficeName: JPM Services
MIAMIRE_RATIO_CurrentPrice_By_SQFT: 305.48
OriginatingSystemKey: miamire
PhotosChangeTimestamp: 2024-06-07T12:24:18.843Z
OriginatingSystemName: Miami Association of REALTORS®
ListOfficePhone: 305-758-7022
MlsStatus: Active
StreetNumber: 1258
ListingKey: e92bd46fa219007a9108666737bf0ec0
StateOrProvince: FL
ListOfficeKey: b31871ea87fd978ee964dd97ab05195e
BridgeModificationTimestamp: 2024-08-10T16:50:51.976Z
ListAgentFullName: Jasmine Johnson
Roof: Flat Tile
ParkingTotal: 4
ListAgentOfficePhone: 305-758-7022
Stories: 2
ParcelNumber: 01-31-14-043-0480
ListingTerms: All Cash,Conventional,FHA,VA Loan
YearBuiltDetails: Effective Year Built
OtherExpense: 0
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
ListAgentMlsId: 3358170
StoriesTotal: 2
ModificationTimestamp: 2024-08-10T16:23:26.130Z
OriginatingSystemID: miamire
PreviousListPrice: 975000
DaysOnMarket: 64
TransactionBrokerCompensation: 2%
BuyerAgencyCompensationType: %
ListOfficeMlsId: JPMS01
ListAgentDirectPhone: 305-467-8770
StreetNumberNumeric: 1258
PostalCodePlus4: 8244
NumberOfUnitsInCommunity: 4
Sewer: Public Sewer
SyndicationRemarks: Great investment return potential with increasing property value, this renovated Fourplex near Liberty City Square, an up and coming multibillion dollar development is a great purchase for first time homebuyers or savvy investors. Each unit has 2 bedrooms and 1 bathroom. Owner recently painted, updated the roof, driveway and minor electrical. Two tenants are months to month paying $1595 so property is perfect for FHA buyer or Conventional primary. The other two tenants lease expires February 2025 they are renting for $1800 and $1850. Mostly Expenses include trash $185, lights $32, and Lawn service $50 per month. Section 8 Rental income potential at $2250 per unit is $9000.
Heating: Central
MIAMIRE_LPAmtSqFt: 305.4822
StructureType: Quadruplex,Fourplex
ListAgentStateLicense: 3358170
PublicSurveyTownship: 31
StreetName: 61st St
ListOfficeFax: 786-464-0301
ListingAgreement: Exclusive Right To Sell
PublicSurveySection: 14
OriginalListPrice: 11950000
BuildingAreaUnits: Square Feet
RentIncludes: Gardener,Trash Collection
InternetEntireListingDisplayYN: 1
BuyerAgencyCompensation: 2%
InternetAutomatedValuationDisplayYN: 1
TaxYear: 2023
OriginalEntryTimestamp: 2024-06-07T12:15:13.947Z
SourceSystemKey: 396882901
LotFeatures: 1/4 To Less Than 1/2 Acre Lot
DocumentsAvailable: Deposit - Security,Copy Of Lease(S)
MIAMIRE_Style: Fourplex
NumberOfUnitsTotal: 4
LotSizeSquareFeet: 0
ArchitecturalStyle: Attached
InternetConsumerCommentYN: 1
TransactionBrokerCompensationType: %