South Florida
Closed
Orchard Villa, 1258 NW 61st St, Miami, FL 33142
925,000(-10.27% )
Details
Save
Status:
Sold - Oct 01, 2024
Size: 3,028 SqFt (281 m2)
Price: $274/SqFt ($2,951/m2)
Type: Multi Family
Built: 1959
MLS Number: A11602823
On Site: 432 Days
Updated: 316 Days ago
Page Views: 0
Great investment return potential with increasing property value, this renovated fourplex near liberty city square, an up and coming multibillion dollar development is a great purchase for first time homebuyers or savvy investors. Each unit has 2 bedrooms and 1 bathroom. Owner recently painted, updated the roof, driveway and minor electrical. Two tenants are months to month paying $1595 so property is perfect for fha buyer or conventional primary. The other two tenants lease expires february 2025 they are renting for $1800 and $1850. Mostly expenses include trash $185, lights $32, and lawn service $50 per month. Section 8 rental income potential at $2250 per unit is $9000.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Central
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Concrete,Tile
- Year Built: 1959
- Year Built Description: Effective Year Built
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2024-06-07T08:15:13.000-00:00
Taxes, Fees & More
- Taxes: 11000
Price History
10/01/2024
Date
Sold
Event
$830K
Price
-10.27%
Change Rate
$274 ft2 / $2,951 m2
Price Per
08/10/2024
Date
Price Reduced
Event
$925K
Price
-5.13%
Change Rate
$305 ft2 / $3,288 m2
Price Per
07/23/2024
Date
Price Reduced
Event
$975K
Price
-11.36%
Change Rate
$322 ft2 / $3,466 m2
Price Per
07/17/2024
Date
Price Reduced
Event
$1.1M
Price
-7.95%
Change Rate
$363 ft2 / $3,910 m2
Price Per
06/07/2024
Date
Listed
Event
$1.2M
Price
$395 ft2 / $4,248 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Jasmine Johnson • JPM Services • Buyer Agency Compensation .
Instant Comps
$100/ft²
$200/ft²
$400/ft²
$700/ft²
Unit 1258 NW 61st St – Asking
$274/ft²
(-6%) from Closed Medium $/ft²
Closed Medium $/ft²
$291/ft²
Community $/Price Range (Closed) $227/ft² – $503/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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