1293 109th St ,Attached, Quadruplex, Amd Pl Bay Ridge for Sale

1293 109th St for Sale

Price $1,510,000.00

  • Lot size 2810
  • Year Build 1946
  • Waterfront
  • Zip 33161
  • Style Attached
  • Parking Description
  • Pool Yes
  • Status Active
Contact usSchedule Tour

Description

This is a one-of-a-kind chance to own a completely remodeled property situated on a spacious 12,500 square feet corner lot. The property is a multifamily unit with 7 units, initially 5, all of which are currently rented out, making sure of instant rental income. Each unit is designed with modern kitchens and bathrooms, offering a chic and luxurious living experience. The property includes 8 dedicated parking spaces and a newly paved driveway, as well as hurricane shutters on all windows. It has only 2 electric meters and 1 water meter. This property boasts a cap rate of 5%, which makes it a great investment opportunity. Additionally, it is managed by professionals, so the owner can rest assured that their investment is in good hands.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11391295 Please Text Mauricio at 7867778952 - It is fully leased, making an NOI of $84,000 - please do not disturb the Tenants.

32 52 42 AMD PL BAY RIDGE PB 20-8 LOTS 13 & 14 BLK 5 LOT SIZE 100.000 X 125 OR 18340-1823 1098 1

Less Than 1/4 Acre Lot

This is a one-of-a-kind chance to own a completely remodeled property situated on a spacious 12,500 square feet corner lot. The property is a multifamily unit with 7 units, initially 5, all of which are currently rented out, making sure of instant rental income. Each unit is designed with modern kitchens and bathrooms, offering a chic and luxurious living experience. The property includes 8 dedicated parking spaces and a newly paved driveway, as well as hurricane shutters on all windows. It has only 2 electric meters and 1 water meter. This property boasts a cap rate of 5%, which makes it a great investment opportunity. Additionally, it is managed by professionals, so the owner can rest assured that their investment is in good hands.

City:Miami,Zoning:3700,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2022,Latitude:25.8760229,Cooling Y N:1,Heating Y N:1,List Price:1510000,Listing Id:A11391295,Longitude:-80.1717587,Mls Status:Active,Year Built:1946,Living Area:2810,Postal Code:33161,Street Name:109th St,Coordinates:1:25.8760229,Photos Count:18,Building Name:AMD PL BAY RIDGE,Days On Market:71,Listing Terms:1:Conventional,2:FHA,Lot Size Units:Square Feet,M L S Area Major:Amd Pl Bay Ridge,On Market Date:2023-05-22,Parcel Number:30-22-32-006-0680,Parking Total:8,Property Type:Residential Income,Stories Total:1,Street Number:1293,M I A M I R E_ Style:Fourplex,Public Remarks:This is a one-of-a-kind chance to own a completely remodeled property situated on a spacious 12,500 square feet corner lot. The property is a multifamily unit with 7 units, initially 5, all of which are currently rented out, making sure of instant rental income. Each unit is designed with modern kitchens and bathrooms, offering a chic and luxurious living experience. The property includes 8 dedicated parking spaces and a newly paved driveway, as well as hurricane shutters on all windows. It has only 2 electric meters and 1 water meter. This property boasts a cap rate of 5%, which makes it a great investment opportunity. Additionally, it is managed by professionals, so the owner can rest assured that their investment is in good hands.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2024-02-01,List Office Name:Avanti Way Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:7329,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NE,Subdivision Name:AMD PL BAY RIDGE,Tax Annual Amount:13028,Total Actual Rent:123864,Unparsed Address:1293 NE 109th St, Miami FL 33161,Listing Agreement:Exclusive Right To Sell,Operating Expense:43558,Year Built Details:Effective Year Built,Building Area Total:2810,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:537.3665,Original List Price:1791000,Previous List Price:1555000,Public Survey Range:22,I D X Participation Y N:1,Net Operating Income:84655,Syndication Remarks:This is a one-of-a-kind chance to own a completely remodeled property situated on a spacious 12,500 square feet corner lot. The property is a multifamily unit with 7 units, initially 5, all of which are currently rented out, making sure of instant rental income. Each unit is designed with modern kitchens and bathrooms, offering a chic and luxurious living experience. The property includes 8 dedicated parking spaces and a newly paved driveway, as well as hurricane shutters on all windows. It has only 2 electric meters and 1 water meter. This property boasts a cap rate of 5%, which makes it a great investment opportunity. Additionally, it is managed by professionals, so the owner can rest assured that their investment is in good hands.,Listing Contract Date:2023-05-22,Originating System I D:miamire,Public Survey Section:32,Showing Instructions:Appointment Only,Street Number Numeric:1293,Tax Legal Description:32 52 42 AMD PL BAY RIDGE PB 20-8 LOTS 13 & 14 BLK 5 LOT SIZE 100.000 X 125 OR 18340-1823 1098 1,Public Survey Township:22,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:1%,M I A M I R E_ Adjusted Area S F:2781,Contract Status Change Date:2023-05-22,Internet Address Display Y N:1,Number Of Units In Community:2,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:537.37,Internet Automated Valuation Display Y N:1,

  • Price $1,510,000.00
  • Price Change: 2023-08-02
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build 1946
  • Waterfront
  • View
  • Pool Yes
  • Style Attached
  • Construction
  • Parking Description
  • Flooring Type Ceramic Floor
  • Property Type Residential Income
  • Status Active
  • Listed 2023-08-02
  • Days on Market 271
  • Furnished
  • City Miami
  • Zip 33161
  • State Florida
  • Subdivision
  • Development Name AMD PL BAY RIDGE
  • HOA Fees
  • Taxes 13028
  • Taxes Year 2022