Closed

Orchard Villa, 1340 NW 60th St Miami, FL 33142

$495,000Price
1,260SqFt

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Details

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Status:
Sold
Size: 1,260 ft2 / 117 m2
Price: $393 ft2 / $4,229 m2
Type: Multi Family
Built: 1961
MLS Number: A11554043
On Site: 417 Days
Updated: 354 Days ago
Page Views: 0
Perfect property to add to a seasoned or new investor portfolio!!!! 4/2 duplex in the heart of allapattah. Each unit has a private entrance. Property is fenced for child safety. Rents are below market value which leaves room for increased income. Tenant in unit #2 has been issued a 60-day notice. Both units are section 8 housing vouchers. Do not disturbe tenants!! Cap rate is 5.2% with room for growth. Minutes from the shops of midtown, miami beach and downtown miami.

Features

Bedrooms
Bathrooms
Exterior and Lot Features

Price History

05/23/2024

Date

Sold

Event

$495K

Price

1.02%

Change Rate

$393 ft2 / $4,229 m2

Price Per

04/18/2024

Date

Price Reduced

Event

$490K

Price

-2%

Change Rate

$389 ft2 / $4,186 m2

Price Per

03/20/2024

Date

Listed

Event

$500K

Price

$397 ft2 / $4,271 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Kenneth GrantGrant and Associates Real Estate INC • Buyer Agency Compensation .

Instant Comparative Market Analysis

$100/ft²
$200/ft²
$400/ft²
$700/ft²

Unit 1340 NW 60th St – Asking

$393/ft²

(+35%) from Closed Medium $/ft²

Closed Medium $/ft²

$291/ft²
Community $/Price Range (Closed) $214/ft² – $503/ft²
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