60 Nw 161st St, Miami, FL

$2,085,000

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About 60 Nw 161st St

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 St

MLS® # A11924971
USD $2,085,000
CAD $2,885,744
CNY 元13,992,435
EUR €1,795,248
GBP £1,542,502
RUB ₽178,850,049
Bathrooms 0.00
Year Built 1968
Type Business
Sub-Type Multi Family
Status Active

Community Information

Address 60 Nw 161st St
Area 30
City Miami
County Miami-Dade
State FL
Zip Code 33169-6514

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Listing Details

Listing Map

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