60 NW 161st StMiami, FL 33169
Miami-Dade County
Description
PRESENTING BISCAYNE GARDENS VILLAS, A STABILIZED RENTAL COMPOUND OFFERING A LOW-MAINTENANCE INVESTMENT WITH CONSISTENT 100% OCCUPANCY & REMAINING INTERIOR VALUE-ADD UPSIDE…. Sporting a balanced unit mix of six (6) 1 BR / 1 Bath units and two (2) 2 BR / 1 Bath units as well as an evenly varied income profile from 50% Section 8 and 50% market rate tenancies, the property features full exterior and partial interior renovation primed for long-term durability with upgrades including impact glass, central A/C, tiled floors, newer 2017 roof, completed 40-year recertification, gated courtyard, and all on-site parking and laundry. Positioned within a quiet residential pocket experiencing several brand new construction projects recently completed across the street, the property benefits from steady rental demand and reliable cash-flow from its proximity to major North Miami Beach NE 167th/NE 163rd St commercial corridor and the Golden Glades Interchange for unmatched connectivity to the entire region.
Property Information
- Property type
- Commercial Sale
- Sub-type
- Multi Family
- Year built
- 1968
- Building area
- 5,973 Sq Ft
- Lot size
- 18,612 Sq Ft
- Days on market
- 345
- MLS® Listing#
- A11924971
Property Features
Financial Details
- Annual taxes
- $23,162
- Parcel number
- 30-21-13-002-0410
Listing Courtesy: The Alpha Commercial Advisors LLC - 3056977011
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