Miami, FL 33142,1250 NW 61st St
See all 29 photos
Miami, FL 33142,1250 NW 61st St
Miami, FL 33142,1250 NW 61st St
Miami, FL 33142,1250 NW 61st St
Miami, FL 33142,1250 NW 61st St

$842,500

Est. payment /mo

$925,000

8.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

1250 NW 61st St Miami, FL 33142

3,712 SqFt

SOLD DATE : 02/07/2025

Key Details

Sold Price $842,500

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,712 sqft

Price per Sqft $226

Subdivision Orchard Villa Extension

MLS Listing ID A11690756

Style Fourplex

Year Built 1964

Annual Tax Amount $10,225

Tax Year 2023

Property Sub-Type Quadruplex

Property Description

This property at 1250 NW 61st Street is a fourplex, with each of the four units offering a 2-bedroom, 1-bath layout. All units are equipped with central air conditioning, and the property features four separate electric meters, which simplifies billing and utilities for tenants. Located in a developing neighborhood with growth potential, this property has strong income-generating possibilities. Current income is $7200 a month but With Section 8, each unit's rent can be increased to $2,300, adding to the investment appeal. The current long-term tenants add stability, making this a potentially low-turnover, high-revenue property for buyers looking to capitalize on rising rents in an up-and-coming area. All units in great shape , see pics, potential of $9200 income a month

Location

State FL

County Miami-dade

Community Orchard Villa Extension

Area 31

Interior

Heating Central

Cooling Central Air

Flooring Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Shingle

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 2

Sewer Public Sewer

Structure Type Block

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Miami Beach Real Estate Group
Bought with Miami Beach Real Estate Group
agent

Amit Bhuta

Agent | COMP3088610

+1(305) 439-3031

GET MORE INFORMATION

Name
Phone*
Message