Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5 Property photo 6 Property photo 7 Property photo 8 Property photo 9 Property photo 10 Property photo 11 Property photo 12 Property photo 13 Property photo 14 Property photo 15 Property photo 16 Property photo 17 Property photo 18 Property photo 19 Property photo 20
/ 20

$2,085,000

60 NW 161st St, Miami FL 33169

Miami, FL 33169

High Pines

0

Bedrooms

0

Bathrooms

0

Sq Ft

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 Commercial Sale
Status Active
Lot Size 18,612 sq ft
Days on Market 185
MLS # db40f34809d6e53dfff27bd1d6147720