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 - May 23, 2024
Size: 1,260 SqFt (117 m2)
Price: $393/SqFt ($4,229/m2)
Type: Multi Family
Built: 1961
MLS Number: A11554043
On Site: 496 Days
Updated: 433 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
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: Tile
        • Year Built: 1961
        • Year Built Description: Effective Year Built
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-03-22T12:37:27.000-00:00
          Taxes, Fees & More
          • Taxes: 6293

          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 Comps

          $100/ft²
          $200/ft²
          $400/ft²
          $700/ft²

          Unit 1340 NW 60th St – Asking

          $393/ft²

          (+38%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $284/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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