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Residential Income
$925,000
1250 NW 61st St Miami, FL

A11690756

117 of 456 for Sale
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an agent
  • Listed On:

    Nov 8, 2024
  • Days on Market:

    43
  • Year:

  • Taxes:

    $10,225 per year
  • Floor Description:

    Tile
  • Occupancy:

  • Zoning:

  • Parking:

1250 NW 61st St Miami, FL 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

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For Sale Details

  • Floor Description

    Tile

  • Heating Description

    Central

  • Photo Count

    29

  • Property Type

    Residential Income

  • Terms Considered

    All Cash, Conventional

  • Year Built

    1964

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