Costantini VIP Realty

Serving the Miami-Dade, Broward and Palm Beach Counties

 

Property Description

Exceptional Fourplex located in the thriving NW Miami market. Consists of 4 two-bedroom/1-bath units, totaling 3400 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 $3,800 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!

Features
: Central
: Central Air
: 4
: Ceramic Floor
: Less Than 1/4 Acre Lot
: Concrete
: Public Sewer
Address Details
FL
Miami-Dade County
Miami
33142
1243 NW 61st St
ORCHARD VILLA EXTENSION
0
Other
: Attached
: Concrete Block Construction
70
: All Cash, Conventional
: New Construction
: Gardener, Sewer, Trash Collection
1
2
: Quadruplex, Fourplex
$3,656
2021
6107

Residential Income For Sale

ORCHARD VILLA EXTENSION

1243 NW 61st St, Miami, Florida 33142

3,404 Sqft
$719,000
Listing ID #A11199583
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : A11199583
Price : $719,000
Square Footage : 3,404 Sqft
Year Built : 1964
Lot Area : 3,404 Sqft
Building Area : 3,404 Sqft
Status : Active
Property SubType : Quadruplex
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