$890,000
$999,950
11.0%For more information regarding the value of a property, please contact us for a free consultation.
408 NE 18th Ave Homestead, FL 33033
806 SqFt
Key Details
Sold Price $890,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 806 sqft
Price per Sqft $1,104
Subdivision Townhouses At Sunrise A C
MLS Listing ID A11132941
Sold Date 01/19/22
Style Fourplex
Construction Status Resale
HOA Fees $25/mo
HOA Y/N Yes
Year Built 1977
Annual Tax Amount $1,128
Tax Year 2021
Contingent Pending Inspections
Property Sub-Type Quadruplex
Property Description
Investor Alert! 7 Contiguous Condos being sold together in a package deal for $999,950 that is $142,850 per door. This property is a cash cow with an association fee of $25 per unit & there is lots of upside on the rents. Zillow conservatively estimates the rents should be at $1399/month. The building has a Brand-New Roof with Architectural Shingles, Final Permit Date 5/19/21. Each Condo has Separate Electric & Water Meters. Tenants get bill from City of Homestead for Electric, Water, Sewer & Garbage. Lawn & Common areas maintained by the association. Central A/C in all 7 units. Each unit has 2 Bed 1 Bath upstairs & 1/2 Bath downstairs. Community has Pool & Tennis Court. Units 3, 5 & 7 are vacant on Supra so go and show. Call the Listing Agent for more details about this Income Property...
Location
State FL
County Miami-dade
Community Townhouses At Sunrise A C
Area 79
Interior
Heating Central
Cooling Ceiling Fan(s)
Flooring Carpet, Other, Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 14
Private Pool No
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Water Public
Architectural Style Fourplex
Level or Stories Two
Structure Type Block,Frame
Construction Status Resale
Others
Tax ID 10-79-17-008-0030
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with The Keyes Company
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