12850 12th Ave ,Quadruplex, Fairview for Sale

12850 12th Ave for Sale

Price $849,000.00

  • Lot size 1969
  • Year Build 1950
  • Waterfront
  • Zip 33161
  • Style Attached, Other
  • Parking Description
  • Pool Yes
  • Status Active
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Description

Exceptional Fourplex located in the growing North Miami market. This property consists of 3 large one-bedroom units & 1 studio totaling 1,969 rentable square feet. Property is a 1950's vintage with great upside potential as rents could be increased to market rents at $6,000/month. The roof was recently replaced. 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. It is situated on 7,845 Sq Feet of land. This exceptional property is being offered for sale at $849,000.

FAIRVIEW PB 6-147 N15.16FT LOT 2 LESS W25FT & LOT 3 LESS W25FT & LOT 4 LESS N 38.16FT & W25FT BLK 1 LOT SIZE 7859 SQUARE FEET OR 16681-3483

Less Than 1/4 Acre Lot

Exceptional Fourplex located in the growing North Miami market. This property consists of 3 large one-bedroom units & 1 studio totaling 1,969 rentable square feet. Property is a 1950's vintage with great upside potential as rents could be increased to market rents at $6,000/month. The roof was recently replaced. 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. It is situated on 7,845 Sq Feet of land. This exceptional property is being offered for sale at $849,000.

City:North Miami,Zoning:0400,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2021,Latitude:25.8939245,Cooling Y N:1,Heating Y N:1,List Price:849000,Listing Id:A11159484,Longitude:-80.1747118,Mls Status:Active,Year Built:1950,Living Area:1969,Postal Code:33161,Street Name:12th Ave,Coordinates:1:25.8939245,Photos Count:22,Building Name:FAIRVIEW,Days On Market:291,Listing Terms:1:Cash,2:Conventional,Lot Size Units:Square Feet,M L S Area Major:Fairview,On Market Date:2022-02-09,Parcel Number:06-22-29-035-0020,Parking Total:4,Property Type:Residential Income,Rent Includes:1:Other Rent Incl,Stories Total:1,Street Number:12850,M I A M I R E_ Style:Fourplex,Public Remarks:Exceptional Fourplex located in the growing North Miami market. This property consists of 3 large one-bedroom units & 1 studio totaling 1,969 rentable square feet. Property is a 1950's vintage with great upside potential as rents could be increased to market rents at $6,000/month. The roof was recently replaced. 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. It is situated on 7,845 Sq Feet of land. This exceptional property is being offered for sale at $849,000.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2023-02-08,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Back On Market,Postal Code Plus4:4308,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NE,Subdivision Name:FAIRVIEW,Tax Annual Amount:4671,Unparsed Address:12850 NE 12th Ave, North Miami FL 33161,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:1969,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:431.1833,Original List Price:900000,Previous List Price:900000,Public Survey Range:22,Architectural Style:1:Other,Documents Available:1:Investment Analysis,2:Other Available Information,3:Rent Rolls,I D X Participation Y N:1,Number Of Units Total:4,Syndication Remarks:Exceptional Fourplex located in the growing North Miami market. This property consists of 3 large one-bedroom units & 1 studio totaling 1,969 rentable square feet. Property is a 1950's vintage with great upside potential as rents could be increased to market rents at $6,000/month. The roof was recently replaced. 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. It is situated on 7,845 Sq Feet of land. This exceptional property is being offered for sale at $849,000.,Listing Contract Date:2022-02-09,Originating System I D:miamire,Public Survey Section:29,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,Other Showing Instruction,Street Number Numeric:12850,Tax Legal Description:FAIRVIEW PB 6-147 N15.16FT LOT 2 LESS W25FT & LOT 3 LESS W25FT & LOT 4 LESS N 38.16FT & W25FT BLK 1 LOT SIZE 7859 SQUARE FEET OR 16681-3483,Public Survey Township:22,Construction Materials:1:Other,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3%,M I A M I R E_ Adjusted Area S F:1945,Contract Status Change Date:2022-02-09,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,Transaction Broker Compensation:3%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:431.18,Internet Automated Valuation Display Y N:1,

  • Price $849,000.00
  • Price Change: 2022-04-14
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build 1950
  • Waterfront
  • View
  • Pool Yes
  • Style Attached, Other
  • Construction Concrete Block With Brick, Other
  • Parking Description
  • Flooring Type Other
  • Property Type Residential Income
  • Status Active
  • Listed 2022-04-14
  • Days on Market 358
  • Furnished
  • City North Miami
  • Zip 33161
  • State Florida
  • Subdivision
  • Development Name FAIRVIEW
  • HOA Fees
  • Taxes 4671
  • Taxes Year 2021