60 NW 161st St, Miami, Florida, United States, 33169
1,995,000
for Sale
18,612
About the 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 Type:
- Apartments
- Status:
- for Sale
- Heating Type:
- 0
- Is Art:
- Yes
- Is Apartment:
- Yes
- Is Garden:
- Yes
- Is Investment:
- Yes
- Is Laundry:
- Yes
- Is Market:
- Yes
- Is Mix:
- Yes
- Is Parking:
- Yes
- Is Unit:
- Yes
- Listing ID:
- A11924971
Rooms
Dimensions
Brokered by:
The Alpha Commercial Advisors Llc
Presented By: