Multifamily in North Miami, FL 33161
Richards Manors, 601 NE 138th St

Overview Features True Comps Price History Payment Location Similar Homes

Closed

$649,000

Estimate Payment

2,971

SqFt

Status

Sold - Nov 16, 2022

Size

2,971 SqFt (276 m²)

Price

$218/SqFt ($2,351/m²)

Type

Multifamily

Built

1947

MLS Number

A11247693

On Site

1511 Days

Updated

18 Days ago

Page Views

Exceptional VALUE-ADD Opportunity located in the thriving North Miami market. This property consists of 4 Large one-bedroom units, totaling 2,971 rentable square feet. One of the units used to operate as two separate efficiencies with separate entrances and can easily be re-divided and rented separately to increase the properties' rental income. It is situated on 10,559 Sq Feet of R-6 land, allowing up to 6 residential units. This exceptional property is being offered for sale at only $689,000. This is a great investment opportunity for those looking to take advantage of the overwhelming surge of upward pressure on rents and development in the area. Do not miss out on submitting your offer and on the opportunity to purchase this amazing property!

Features

Bedrooms

Bathrooms

Exterior and Lot Features

Exterior Features: Fence,Other

Interior, Heating and Cooling

Heating Description: Other,WallFurnace
Cooling Description: Other, WallWindowUnits

Building and Construction

Floor Description: Other
Windows/Treatment: Other
Year Built: 1947
Year Built Description: Resale
Style: Fourplex

Waterfront and Water Access

Waterfront Frontage: No info

School Information

Other Property Info

Listing Date: 2022-07-27T13:51:53.000-00:00

Taxes, Fees & More

Taxes: 6576

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Price History

Date

Event

Price

Change

Price Per

07/27/2022

Listed

$649K

$218 ft²

$2,351 m²

07/27/2022

$649K

Event

Listed

Price Per

$218 ft²

$2,351 m²

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

Listed by Ariel Levi • Fausto Commercial Realty Consultants Inc • Buyer Agency Compensation .

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Scores

Walk Score^®

Car-Dependent. Most errands require a car

100

Transit Score^®

Some Transit. A few nearby public transportation options

100

Bike Score^®

Somewhat Bikeable. Minimal bike infrastructure

100

Sound Score^®

Very loud

100

Airport Score

Close to airports. Noticeable airport activity

100

Traffic Score

Congested area. Frequent traffic delays

100

Local Score

Limited local amenities nearby

100

1,460 - 2,971

SqFt Range

1947

Year Build

Total Floors

Multifamily in North Miami, FL 33161Richards Manors, 601 NE 138th St