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Key Details
Sold Price $495,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,260 sqft
Price per Sqft $392
Subdivision Orchard Villa Extension
MLS Listing ID A11554043
Sold Date 05/23/24
Construction Status Effective Year Built
HOA Y/N No
Year Built 1961
Annual Tax Amount $6,293
Tax Year 2023
Contingent Pending Inspections
Property 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.
Location
State FL
County Miami-dade County
Community Orchard Villa Extension
Area 31
Direction I-95 to 62nd Street. Go West to 12th Avenue. Go South to 60th Street. Property is located on the Southside of the street.
Interior
Heating Central
Cooling Central Air
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Built-Up
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Construction Status Effective Year Built
Others
Tax ID 01-31-14-043-0870
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
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Bought with EXP Realty LLC
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