$390,000

231 SW 5th St

Homestead FL, 33030

Description

Investment Opportunity Well maintained 4-plex with separate power meters. Great rental! Building is M-NC with Concrete Roof! Updated electrical with new disconnect and power meters Updated Roof 2 units completely renovated and rented (1bd/1ba) $1,100 and $960/month 1 unit partially renovated (1bd/1ba) Pending rental $1,050/month 1 unit in need of minor updates (Studio) Can be converted to 1bd/1ba Great for Section 8! Rental Potential $1,000 average per unit $4,000/month - $48,000 / year Low maintenance: $40 per month Low utilities: Water: $50 per month Insurance: $105/month (Building and Liability) Please note Miami-Dade County (section 8) 2020 Payment Standards: Efficiency (Studio): $1,084 / month One Bedroom: $1,285 / mont

Details

MLS#A10784558
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1954
Days On Site69

Features

SQ Feet1,255
Story(s)1
Water FrontF

Loading Form

Loading Form

Area Information

StateFL
CountyMiami-Dade County
CityHomestead
Zip Code33030
Area78
Community NameW D HORNES SUB
Listing VS Median (in W D HORNES SUB)
Price:
$390,000
low | high
Med:
$1,000
100% of Average
SqFt:
1,255
low | high
Med:
0
100% of Average
$ / SqFt:
$311
low | high
Med:
$0
100% of Average
On Site:
69
low | high
Med:
113
61.061946902655% of Average
Listing Updated: 02/08/2020
MLS Number: A10784558
Listing Provided By:
Vanessa Yepes  of  Bittersweet Realty Corp