About 60 Nw 161st Street
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.
Features of 60 Nw 161st Street
| MLS® # | A11924971 |
|---|---|
| Price | $2,085,000 |
| Acres | 0.43 |
| Year Built | 1968 |
| Type | Commercial |
| Sub-Type | Multi Family |
| Status | Pending |
Community Information
| Address | 60 Nw 161st Street |
|---|---|
| Area | 2210 |
| City | Miami |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33169 |
| HOPA | No Hopa |
Additional Information
| Zoning | 5100 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | The Alpha Commercial Advisors LLC |
|---|