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Active Income/MultiFamily
$2,085,000 ↓ −$70,000 (3.2%)
60 NW 161st St, Miami FL 33169, Miami, FL 33169
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
1968
Year Built

About This Property

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 Details

Property Type Income/MultiFamily
Days on Market 185 days
HOA Fee None
Parking — spaces
Pool No
Waterfront No
Community
Pets Allowed

Assigned Schools

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School Grades Address Report Card
Lentin, Linda K-8 Center
Elementary 305-891-4011
PK-8
14312 NE 2 Ct., North Miami, FL 33161
Kennedy, John F. Middle
Middle 305-947-1451
6-8
1075 NE 167 St., North Miami Beach, FL 33162
North Miami Senior High
High School 305-891-6590
9-12
13110 NE 8 Ave., North Miami, FL 33161

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Miami-Dade County Public Schools's official locator to confirm.

Location

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Dayron Crespo
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