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Multifamily in Miami, FL 33142
Orchard Villa, 1258 NW 61st St

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Closed
$830,000
$365K
Estimate Payment $5,114Closing Costs
Beds
3,028
SqFt
$274
$/SqFt
Sold - Oct 01, 2024
Premium Multifamily
Built in 1959
Fourplex
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.
MLS Number: A11602823
On Site: 853 Days
Updated: 41 Days ago
Page Views: 0

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

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          Price History

          Current
          $830K
          High
          $1.2M
          Low
          $830K
          Total Change
          -30.5%
          $1.2M$1M$786KJun 24Jul 24Jul 24Aug 24Oct 24
          Date
          Event
          Price
          Change
          Price Per
          10/01/2024
          Sold
          $830K
          -10.27%
          $274 ft2
          $2,951 m2
          08/10/2024
          Price Reduced
          $925K
          -5.13%
          $305 ft2
          $3,288 m2
          07/23/2024
          Price Reduced
          $975K
          -11.36%
          $322 ft2
          $3,466 m2
          07/17/2024
          Price Reduced
          $1.1M
          -7.95%
          $363 ft2
          $3,910 m2
          06/07/2024
          Listed
          $1.2M
           
          $395 ft2
          $4,248 m2
          10/01/2024
          $830K
          Event
          Sold
          Change
          -10.27%
          Price Per
          $274 ft2
          $2,951 m2
          08/10/2024
          $925K
          Event
          Price Reduced
          Change
          -5.13%
          Price Per
          $305 ft2
          $3,288 m2
          07/23/2024
          $975K
          Event
          Price Reduced
          Change
          -11.36%
          Price Per
          $322 ft2
          $3,466 m2
          07/17/2024
          $1.1M
          Event
          Price Reduced
          Change
          -7.95%
          Price Per
          $363 ft2
          $3,910 m2
          06/07/2024
          $1.2M
          Event
          Listed
          Price Per
          $395 ft2
          $4,248 m2
          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 .

          Transit & Commute from Orchard Villa

          DriveBikeWalk
          Showing driving times from this listing.
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          32
          Traffic score
          Congested area. Frequent traffic delays
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          Listing Location & Street View

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          Scores

          Walk Score®
          Somewhat Walkable. Some errands can be accomplished on foot
          67
          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          51
          100
          Bike Score®
          Bikeable. Some bike infrastructure
          63
          100
          Sound Score®
          Bearable noise
          75
          100
          Airport Score
          Close to airports. Noticeable airport activity
          0
          100
          Traffic Score
          Congested area. Frequent traffic delays
          32
          100
          Local Score
          Limited local amenities nearby
          2
          100
          Community Snapshot
          2 – 6 BR
          Bedrooms
          $375K – $1.2M
          Price Tier
          612 - 3,920
          SqFt Range
          1958
          Year Build
          1
          Total Floors

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          Miami, FL Price Range Segments

          Entry-Level
          Entry-Level85
          Premium
          Premium224
          Mid-Tier
          Mid-Tier340
          High-End
          High-End137
          Ultra Luxury
          Ultra Luxury74
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          The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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