$2,085,000183 days on marketActive

60 NW 161st Street, Miami, FL 33169

Miami, FL 33169

Sq Ft

1968

Year Built

0.43 acres

Lot Size

Listing Snapshot

List Price	$2,085,000
Beds	0
Baths	0
Living Area	0 sqft
Lot Size	0.43 acres

Year Built	1968
Property Tax	$23,162/yr
MLS #	1147469913
Status	Active
Days on Market	183

About This Home

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.