$860,000
$849,999
1.2%For more information regarding the value of a property, please contact us for a free consultation.
2,858 SqFt
SOLD DATE : 05/03/2022
Key Details
Sold Price $860,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,858 sqft
Price per Sqft $300
Subdivision Orange Glade
MLS Listing ID A11150314
Sold Date 05/03/22
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1948
Annual Tax Amount $10,130
Tax Year 2021
Contingent No Contingencies
Property Description
Very well located income producing property fourplex only two blocks from Miami-Dade College and Calle 8, property features a 1/1, 1/1, 2/1 and a 3/1 apartments. The two 1/1 have been remodeled, the 2/1 the bathroom and kitchen was remodeled, the 3/1 is original but in good condition with a long term tenant in place. 1/1 renting for $1,350.00(under market value), 1/1 for $1,500.00(lease starting on March 1st), 2/1 recently renew to $1,700.00 and 3/1 for $1,600.00(under market value). Total monthly income of $6,150.00 and a net profit of $55,000.00/year. Per public records property is a 3 unit, actual owner bought it as a 4 families home with 4 tenants, it might be grandfathered but buyer needs to do due diligence. For showings please call listing agent.
Location
State FL
County Miami-dade County
Community Orange Glade
Area 41
Direction USE GPS
Interior
Heating Other
Cooling Other
Flooring Ceramic Tile, Other
Exterior
Pool None
Utilities Available Cable Available
Roof Type Other
Total Parking Spaces 5
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 01-41-10-018-0060
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing VA
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