1340 60th St ,Attached, Duplex, Orchard Villa Extension for Sale

1340 60th St for Sale

Price $490,000.00

• Lot size 1485
• Year Build 1961
• Waterfront
• Zip 33142
• Style Attached
• Parking Description
• Pool Yes
• Status Active

Description

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.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11554043 Please direct all questions and showing requests to Co-Listing Agent Oregna Harris. Do not Contact the Listing Agent Please.

ORCHARD VILLA EXT PB 17-55 LOT 7 BLK 5 LOT SIZE 53.000 X 100 OR 21999-2188 0104 2 COC 25284-4282 12 2006 5

Less Than 1/4 Acre Lot

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.

City:Miami,Zoning:3901,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Latitude:25.8303038,Cooling Y N:1,Heating Y N:1,List Price:490000,Listing Id:A11554043,Longitude:-80.2194714,Mls Status:Active,Year Built:1961,Directions:I-95 to 62nd Street. Go West to 12th Avenue. Go South to 60th Street. Property is located on the Southside of the street.,Living Area:1260,Postal Code:33142,Street Name:60th St,Coordinates:1:25.8303038,Photos Count:8,Building Name:ORCHARD VILLA EXTENSION,Days On Market:2,Listing Terms:1:Conventional,2:FHA,3:VA Loan,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:Orchard Villa Extension,On Market Date:2024-03-20,Parcel Number:01-31-14-043-0870,Parking Total:4,Property Type:Residential Income,Rent Includes:1:Water,Stories Total:1,Street Number:1340,M I A M I R E_ Style:Duplex,Public Remarks: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.,County Or Parish:Miami-Dade County,List Office Name:Grant and Associates Real Estate INC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:8209,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:ORCHARD VILLA EXTENSION,Tax Annual Amount:6293,Total Actual Rent:4300,Unparsed Address:1340 NW 60th St, Miami FL 33142,Listing Agreement:Exclusive Agency,Year Built Details:Effective Year Built,Building Area Total:1485,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:396.8254,Original List Price:500000,Public Survey Range:31,Documents Available:1:Rent Rolls,I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2024-03-20,Originating System I D:miamire,Public Survey Section:14,Showing Instructions:Appointment Only,See Broker Remarks,Showing Assist,Street Number Numeric:1340,Tax Legal Description:ORCHARD VILLA EXT PB 17-55 LOT 7 BLK 5 LOT SIZE 53.000 X 100 OR 21999-2188 0104 2 COC 25284-4282 12 2006 5,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2%,M I A M I R E_ Adjusted Area S F:1334,M I A M I R E_ Internet Remarks:Perfect property to add to a seasoned or new investor portfolio!!!! 4/2 Duplex in the heart of Allapattah.,Contract Status Change Date:2024-03-20,Internet Address Display Y N:1,Number Of Units In Community:2,M I A M I R E_ Ok To Advertise List:No,Transaction Broker Compensation:3%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 2%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:396.83,