1250 NW 61st St, Miami, 33142

  • $925,000

Listing UP for Sale

Miami

Overview

Property ID: A11690756
  • Property Type
  • Quadruplex
  • 3712
  • sqft
  • 1964
  • Year Built

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

  • Address 1250 NW 61st St
  • City Miami
  • State/county Florida
  • Zip/Postal Code 33142
  • Area Miami-dade County

Details

Updated on November 14, 2024 at 5:24 pm
  • Property ID: A11690756
  • Price: $925,000
  • Property Size: 3712 sqft
  • Year Built: 1964
  • Property Type: Quadruplex
  • Property Status: Listing UP for Sale

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