1293 NE 109th St

$1.8M15.7%
$1,510,000
2,810
SqFt
Status
OFF MARKETExpired
Size
2,810 SqFt (261 m2)
Price
$537/SqFt ($5,784/m2)
Type
Multifamily
Built
1946
MLS Number
A11391295
On Site
1212 Days
Updated
958 Days ago
Page Views
0
This is a one-of-a-kind chance to own a completely remodeled property situated on a spacious 12,500 square feet corner lot. The property is a multifamily unit with 7 units, initially 5, all of which are currently rented out, making sure of instant rental income. Each unit is designed with modern kitchens and bathrooms, offering a chic and luxurious living experience. The property includes 8 dedicated parking spaces and a newly paved driveway, as well as hurricane shutters on all windows. It has only 2 electric meters and 1 water meter. This property boasts a cap rate of 5%, which makes it a great investment opportunity. Additionally, it is managed by professionals, so the owner can rest assured that their investment is in good hands.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: WallFurnace
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: CeramicTile
        • Year Built: 1946
        • Year Built Description: Effective Year Built
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2023-05-22T10:31:23.000-00:00
          Taxes, Fees & More
          • Taxes: 13028

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          Price History

          Current
          $1.5M
          High
          $1.8M
          Low
          $1.5M
          Total Change
          -15.7%
          $1.8M$1.7M$1.5MMay 23Jun 23Jul 23Aug 23
          Date
          Event
          Price
          Change
          Price Per
          08/01/2023
          Price Reduced
          $1.5M
          -2.89%
          $537 ft2
          $5,784 m2
          07/10/2023
          Price Reduced
          $1.6M
          -8.26%
          $553 ft2
          $5,957 m2
          06/06/2023
          Price Reduced
          $1.7M
          -5.36%
          $603 ft2
          $6,493 m2
          05/22/2023
          Listed
          $1.8M
           
          $637 ft2
          $6,861 m2
          08/01/2023
          $1.5M
          Event
          Price Reduced
          Change
          -2.89%
          Price Per
          $537 ft2
          $5,784 m2
          07/10/2023
          $1.6M
          Event
          Price Reduced
          Change
          -8.26%
          Price Per
          $553 ft2
          $5,957 m2
          06/06/2023
          $1.7M
          Event
          Price Reduced
          Change
          -5.36%
          Price Per
          $603 ft2
          $6,493 m2
          05/22/2023
          $1.8M
          Event
          Listed
          Price Per
          $637 ft2
          $6,861 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Mauricio Menegaldo SciontiAvanti Way Realty LLC • Buyer Agency Compensation .

          Listing Location & Street View
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