Size: 3,712 ft2 / 345 m2
Price: $249 ft2 / $2,682 m2
Built: 1964
MLS Number: A11690756
On Site: 43 Days
Updated: 36 Days ago
Page Views: 0
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
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Diego Pineiro • Miami Beach Real Estate Group • Buyer Agency Compensation .