60 NW 161st Street
Miami, FL 33169
Square Ft.
5,973
$1,995,000
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… Read More 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. Read Less
Courtesy of The Alpha Commercial Advisors LLC 305-697-7011
Listing Snapshot
Days Online
90
Last Updated
Property Type
Multi Family
Square Ft.
5,973
Lot Size
0.43 Acres
Year Built
1968
MLS Number
A11924971
Additional Details
Building
Built in 1968
Lot
0.43 acres
Taxes
Parcel Number: 3021130020410, Annual Amount: $23,162, Legal Description: BISC GDNS SEC C PB 40-54 TRACT 609 PER UNITY OF TITLE TO DADE COUNTY DATED 9-26-69 LOT SIZE 132.000 X 141 OR 14805-222 1190 4 COC 24728-4731, Zoning: 5100
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