1250 Northwest 61st Street
$925,000
—
3,712
3,712
$249
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...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
- Listed by Diego Pineiro • Miami Beach Real Estate Group
Property Details for 1250 Northwest 61st Street
Subdivision
ORCHARD VILLA EXTENSION
StyleFourplex
WaterfrontNo
Area31
AuctionNo
Num Stories2
Sq Ft Total3712
Sq Ft Liv Area3712.0
LISTING UPDATED: 11/14/2024 02:43 PM
Property Details for 1250 Northwest 61st Street
Status | Active |
---|---|
MLS # | A11690756 |
Days on Market | 39 |
Taxes | $10,225 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family Income / Fourplex |
Year Built | 1964 |
Lot Size | - |
County | Miami-Dade County |
Building Information for 1250 Northwest 61st Street
Stories-Residences-Year Built1964Building Size-Lot Size-
Property Information for 1250 Northwest 61st Street
Property History for 1250 Northwest 61st Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1250 Northwest 61st Street
Taxable ValueLand$238,500Additions$337,834Total$576,334
Tax Record2023$9,687 ($807 / month)
Home Facts
Total Finished SqFt3,712 SqFtAbove Grade Finished SqFt3,712 SqFtStories2Lot Size5,300 SqFtStyleMulti-Family Dwelling (2-4)Year Built1964Year Renovated1985Zoning3901:KING HTSCountyMIAMI-DADEAPN01-3114-043-0490
Schools near 1250 Northwest 61st Street
This home is within Miami-Dade County Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | PK to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Orchard Villa Elementary School PublicPK to 5 | ||
Air Base K-8 Center for International Education PublicPK to 8 | ||
Brownsville Middle School Public6 to 8 | ||
Robert Morgan Voc-Tech Institute Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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