$1,700,000
$1,990,000
14.6%For more information regarding the value of a property, please contact us for a free consultation.
2278 - 2288 NE 173rd St North Miami Beach, FL 33160
5,176 SqFt
Key Details
Sold Price $1,700,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,176 sqft
Price per Sqft $328
Subdivision Fulford By The Sea Sec C
MLS Listing ID A10996805
Sold Date 04/23/21
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1958
Annual Tax Amount $15,155
Tax Year 2020
Contingent No Contingencies
Property Description
TWO 5 UNIT STAND ALONE BUILDINGS (10 UNITS TOTAL), IN A HIGH VOLUME RENTAL AREA, THAT ARE 5000 SQ FOOT EACH AND THEY SHARE A CORNER LOT COMING IN WITH A TOTAL LAND MASS OF 1/2 ACRE. OFF STREET PARKING (14) SPACES DIRECTLY BEHIND THE BUILDING. THE BUILDINGS CONSIST OF (6) 2 BEDROOM UNITS AND (4) 1 BEDROOM UNITS. THE 2 BEDROOM UNITS ARE 1200 SQ FEET EACH AND THE 1 BEDROOMS ARE 600 SQ FEET EACH. CURRENT MARKET RENTS FOR THE TWO BEDROOM UNITS RENT $1450 TO $1550 PER MONTH, AND THE ONE BEDROOMS $1100 TO $1200 PER MONTH. THE PROPERTY IS CURRENTLY FULLY OCCUPIED AND IN GREAT OVERALL TURN KEY CONDITION TO BUY NOW AND START COLLECTING INSTANT INCOME. COIN LAUNDRY ONSITE FOR EXTRA INCOME. 40 YEAR INSPECTION DONE. EVERYTHING UP TO DATE IN REGARDS TO CODE. NEW 4 POINT AND WIND MITIGATION DONE RECENTLY
Location
State FL
County Miami-dade County
Community Fulford By The Sea Sec C
Area 22
Interior
Heating Central
Cooling Central Air
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 14
Building
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 07-22-09-005-0480
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Seller Financing
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Bought with Marlin Realty Inc