Fourplex (Quadruplex) Sold 1258 NW 61st St, Miami, FL 33142
1258 NW 61st St, Miami, FL 33142
Property 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.
Useful Info
Lease Details
- Trash Collection
- Gardener
Land Lot (Parcel) Details
- 1/4 To 1/2 Acre Lot
Construction
- Effective Year Built
Style:
- Fourplex
- Block
- Tile
- Concrete
- Investment
Property Features
- Flat
- Tile
- Central Air
- Central
Taxes and Expenses
Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.
Terms
- Lease
- Cash
- Conventional
- Fha
- Va Loan
- Tenant
- Close Of Escrow
- Conventional
Community
Parking
Utilities
- Public Sewer
- Cable Not Available
More Details
Tax InformationTax Reflects City & County Tax
Flood ZoneAH
Type of AssociationNone
Style Fourplex
FEMA Flood Zone DesignationsAH
Municipal Code1
Subdivision Number43
Zoning and Legal
Listing History
| Update/Event | Date/Days |
| Published Date: | June 7, 2024 8:15 am |
| On Market Date: | June 7, 2024 |
| Close Date: | October 1, 2024 |
| Price Change Date Time: | August 10, 2024 12:23 pm |
| Last Important Update Description: | Closed |
| Date and Time of Last Important Update: | October 1, 2024 2:52 pm |
| Status Last Changed: | October 1, 2024 2:52 pm |
| Photos Last Modified: | June 7, 2024 12:31 pm |
| Last Modified: | October 1, 2024 6:54 pm |
| Days on the Market Reference Date: | October 1, 2024 |
| Days on the Market (updated on Last Modified*): | 67 |
| Cumulative Days on the Market (updated on Last Modified**): | 67 |
