Basic Information

  • MLS # A11690756
  • Type Duplex / Quad Plex / Triplex
  • Style Quadruplex
  • Status Active
  • Subdivision/Complex Orchard Villa Extension
  • Year Built 1964
  • Total Sqft 3,712
  • Date Listed 11/08/2024
  • Days on Market 6
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

Exterior Features

  • Waterfront No
  • Pool No
  • Construction Type Block
  • Design Description Fourplex
  • Parking Spaces 0
  • Parking Description
  • Roof Description Shingle

Interior Features

  • Adjusted Sqft 3,712
  • Cooling Description Central Air
  • Floor Description Tile
  • Heating Description Central
  • Sqft 3,712

Property Features

  • Address 1250 N W61st St
  • Aprox. Lot Size 3,712
  • Architectural Style Fourplex
  • City Miami
  • Construction Materials Block
  • County Miami-Dade
  • Furnished Info No
  • Levels Two
  • Listing Terms Cash, Conventional
  • Lot Description Quarter To Half Acre Lot
  • Lot Features Quarter To Half Acre Lot
  • Occupant Type Tenant
  • Pool Features None
  • Possession Negotiable
  • Postal City Miami
  • Public Survey Section Two
  • Public Survey Township 1
  • Roof Shingle
  • Sewer Description Public Sewer
  • Short Sale Regular Sale
  • Stories 2
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Orchard Villa Extension
  • Tax Amount $10,225
  • Tax Information 14 53 41 ORCHARD VILLA EXT PB 17-55 LOT 6 BLK 3 LOT SIZE 50.000 X 106 OR 20348-1932 04 2002 1
  • Tax Year 2023
  • Terms Considered Cash, Conventional
  • Type of Property Quadruplex
  • Year Built Details Resale

1250 NW 61st St

Miami, FL 33142

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Miami Beach Real Estate Group. tel: 305-787-4798

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