Closed

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

925,000(-10.27% )
$830,000Price
3,028SqFt

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Details

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Status:
Sold
Size: 3,028 ft2 / 281 m2
Price: $274 ft2 / $2,951 m2
Type: Multi Family
Built: 1959
MLS Number: A11602823
On Site: 333 Days
Updated: 217 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

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 JohnsonJPM Services • Buyer Agency Compensation .

Instant Comparative Market Analysis

$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) $214/ft² – $503/ft²
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