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

$500K1%
$495,000
1,260
SqFt
Status
Sold - May 23, 2024
Size
1,260 SqFt (117 m2)
Price
$393/SqFt ($4,229/m2)
Type
Multifamily
Built
1961
MLS Number
A11554043
On Site
906 Days
Updated
18 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

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          Price History

          Current
          $495K
          High
          $500K
          Low
          $490K
          Total Change
          -1%
          $501K$495K$489KMar 24Apr 24May 24
          Date
          Event
          Price
          Change
          Price Per
          05/23/2024
          Sold
          $495K
          1.02%
          $393 ft2
          $4,229 m2
          04/18/2024
          Price Reduced
          $490K
          -2%
          $389 ft2
          $4,186 m2
          03/20/2024
          Listed
          $500K
           
          $397 ft2
          $4,271 m2
          05/23/2024
          $495K
          Event
          Sold
          Change
          1.02%
          Price Per
          $393 ft2
          $4,229 m2
          04/18/2024
          $490K
          Event
          Price Reduced
          Change
          -2%
          Price Per
          $389 ft2
          $4,186 m2
          03/20/2024
          $500K
          Event
          Listed
          Price Per
          $397 ft2
          $4,271 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Kenneth Grant • Grant and Associates Real Estate INC • Buyer Agency Compensation .

          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
          $260K – $1.2M
          Price Tier
          612 - 3,920
          SqFt Range
          1958
          Year Build
          1
          Total Floors

          Miami
          Premium
          Premium Homes & Condos