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261 NW 50th St Miami, FL 33127
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Key Details
Sold Price $799,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,445 sqft
Price per Sqft $552
Subdivision Railway Shops Addn 2Nd Am
MLS Listing ID A11478216
Sold Date 12/13/23
Construction Status Resale
HOA Y/N No
Year Built 1958
Annual Tax Amount $9,042
Tax Year 2022
Contingent Backup Contract/Call LA
Property Description
Near Miami's coveted Design District, this property is an investor's dream with a high cap rate! The main house has 2 bed, 1.5 baths with hardwood floors and a private yard. Additionally, there are two spacious renovated studios, one with a private backyard. All units are currently leased and studios share a coin laundry. Tenants pay all utilities. Ample parking, including a garage. Don't miss this opportunity to start collecting rents in a prime location near the airport and beaches.
Location
State FL
County Miami-dade County
Community Railway Shops Addn 2Nd Am
Area 31
Interior
Heating Central, Wall Furnace
Cooling Central Air, Wall/Window Unit(s)
Flooring Tile, Wood
Exterior
Exterior Feature Fence, Porch, Patio
Pool None
Community Features Laundry Facilities
Utilities Available Cable Not Available
Roof Type Shingle
Porch Open, Patio, Porch
Total Parking Spaces 2
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 01-31-24-013-4621
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional
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Bought with Compass Florida LLC
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