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Multifamily in Miami, FL 33125
Norris Park, 1931 NW 1st Ter

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Closed
$555,000
Estimate Payment
1,120
SqFt
Status
Sold - Sep 13, 2022
Size
1,120 SqFt (104 m2)
Price
$496/SqFt ($5,334/m2)
Type
Multifamily
Built
1956
MLS Number
A11250716
On Site
1505 Days
Updated
19 Days ago
Page Views
0
Updated building with upside in the red-hot Little Havana market. Originally constructed in 1956 and recently renovated in 2022. Great opportunity for both owner users and investors. This duplex has been renovated, with all new flooring, impact windows and doors, new kitchen cabinets with quartz countertops and new stainless-steel appliances. This building is poised for years of maintenance free headaches. Within close proximity to Brickell, Downtown Miami and Wynwood providing easy access to all parts of the city. This opportunity provides an investor or owner user to own an easily manageable property with a good unit mix in a strong rental market poised for long term growth Work horse with a proforma cap rate of 7.8%

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: HeatPump
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: Vinyl
        • Year Built: 1956
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2022-08-02T16:18:26.000-00:00
          Taxes, Fees & More
          • Taxes: 4849

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          Price History

          Date
          Event
          Price
          Change
          Price Per
          08/02/2022
          Listed
          $555K
           
          $496 ft2
          $5,334 m2
          08/02/2022
          $555K
          Event
          Listed
          Price Per
          $496 ft2
          $5,334 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Leonardo Delgado Jr • Resivest Realty LLC • Buyer Agency Compensation .

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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          81
          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          54
          100
          Bike Score®
          Bikeable. Some bike infrastructure
          52
          100
          Community Snapshot
          749 - 2,432
          SqFt Range
          1948
          Year Build
          1
          Total Floors
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          The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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