1258 61st St ,Attached, Quadruplex, Orchard Villa Extension for Sale

1258 61st St for Sale

Price $975,000.00

• Lot size 3028
• Year Build 1959
• Waterfront
• Zip 33142
• Style Attached
• Parking Description
• Pool Yes
• Status Active

Description

Great investment return potential with increasing property value, this renovated Fourplex near Liberty City Square, an up and coming multibillion dollar development is a great purchase for first time homebuyers or savvy investors. Each unit has 2 bedrooms and 1 bathroom. Owner recently painted, updated the roof, driveway and minor electrical. Two tenants are months to month paying $1595 so property is perfect for FHA buyer or Conventional primary. The other two tenants lease expires February 2025 they are renting for $1800 and $1850. Mostly Expenses include trash $185, lights $32, and Lawn service $50 per month. Section 8 Rental income potential at $2250 per unit is $9000.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11538995 Property is occupied please do not disturb tenants. Please provide written offer with POF or preappoval to schedule showing via email with potential dates and I will coordinate with tenants.

ORCHARD VILLA EXT PB 17-55 LOT 5 BLK 3 LOT SIZE 50.000 X 106 OR 20707-1885 09 2002 1 COC 26013-2031 10 2007 3

1/4 To Less Than 1/2 Acre Lot

Great investment return potential with increasing property value, this renovated Fourplex near Liberty City Square, an up and coming multibillion dollar development is a great purchase for first time homebuyers or savvy investors. Each unit has 2 bedrooms and 1 bathroom. Owner recently painted, updated the roof, driveway and minor electrical. Two tenants are months to month paying $1595 so property is perfect for FHA buyer or Conventional primary. The other two tenants lease expires February 2025 they are renting for $1800 and $1850. Mostly Expenses include trash $185, lights $32, and Lawn service $50 per month. Section 8 Rental income potential at $2250 per unit is $9000.

City:Miami,Zoning:3901,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Flooring:1:Tile,Latitude:25.8309777,Cooling Y N:1,Heating Y N:1,List Price:975000,Listing Id:A11602823,Longitude:-80.2178959,Mls Status:Active,Year Built:1959,Living Area:3028,Postal Code:33142,Street Name:61st St,Coordinates:1:25.8309777,Photos Count:17,Building Name:ORCHARD VILLA EXTENSION,Days On Market:46,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:2024-06-07,Parcel Number:01-31-14-043-0480,Parking Total:4,Property Type:Residential Income,Rent Includes:1:Trash Collection,Stories Total:2,Street Number:1258,M I A M I R E_ Style:Fourplex,Public Remarks:Great investment return potential with increasing property value, this renovated Fourplex near Liberty City Square, an up and coming multibillion dollar development is a great purchase for first time homebuyers or savvy investors. Each unit has 2 bedrooms and 1 bathroom. Owner recently painted, updated the roof, driveway and minor electrical. Two tenants are months to month paying $1595 so property is perfect for FHA buyer or Conventional primary. The other two tenants lease expires February 2025 they are renting for $1800 and $1850. Mostly Expenses include trash $185, lights $32, and Lawn service $50 per month. Section 8 Rental income potential at $2250 per unit is $9000.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:JPM Services,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:8244,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:ORCHARD VILLA EXTENSION,Tax Annual Amount:11000,Unparsed Address:1258 NW 61st St, Miami FL 33142,Listing Agreement:Exclusive Right To Sell,Year Built Details:Effective Year Built,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:321.9947,Original List Price:11950000,Previous List Price:1100000,Public Survey Range:31,Documents Available:1:Copy Of Lease(S),I D X Participation Y N:1,Number Of Units Total:4,Syndication Remarks:Great investment return potential with increasing property value, this renovated Fourplex near Liberty City Square, an up and coming multibillion dollar development is a great purchase for first time homebuyers or savvy investors. Each unit has 2 bedrooms and 1 bathroom. Owner recently painted, updated the roof, driveway and minor electrical. Two tenants are months to month paying $1595 so property is perfect for FHA buyer or Conventional primary. The other two tenants lease expires February 2025 they are renting for $1800 and $1850. Mostly Expenses include trash $185, lights $32, and Lawn service $50 per month. Section 8 Rental income potential at $2250 per unit is $9000.,Listing Contract Date:2024-06-07,Originating System I D:miamire,Public Survey Section:14,Showing Instructions:See Broker Remarks,Street Number Numeric:1258,Tax Legal Description:ORCHARD VILLA EXT PB 17-55 LOT 5 BLK 3 LOT SIZE 50.000 X 106 OR 20707-1885 09 2002 1 COC 26013-2031 10 2007 3,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2%,M I A M I R E_ Internet Remarks:Great investment return potential with increasing property value, renovated 4plex near Liberty City Square great purchase for first time homebuyers,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-06-07,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Transaction Broker Compensation:2%,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:321.99,Internet Automated Valuation Display Y N:1,