1250 Nw 61st St St
Miami, Florida
$925,000 Rental Price
- Bedrooms   - Baths

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...

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

Listing courtesy of Miami Beach Real Estate Group

 

Listing Details

New Listing
Miami, Florida
Type: Rental
Price: $925,000
Approx. square footage: 3,712 sf
Date Listed: 11/8/2024
Web ID: 11690756
MLS ID: A11690756

Info & Amenities

Type: Quadruplex
Built: 1964
Pool: Yes

Listing Agent(s)