527 6th Ter,Detached, Duplex, Lincoln Park Addn To Home

527 6th Ter, Homestead, Florida, 33030

Price $799,999.00

  • Lot size 3862
  • Year Build 1956
  • Waterfront
  • Zip 33030
  • Style Detached
  • Parking Description
  • Pool Yes
  • Status Active With Contract

Description

Welcome to your next income opportunity. This Commercial is operating as rooming/boarding house with 18 units and three full baths. 1 shared bath and 9 room on first floor. 2nd floor has one full bath and 9 single rooms. Average unit charged per month is $600. There are total of 18 units in the building. There is also a 2/1 detached currently rented under section 8 for $1450. Owner spent approximately $80K in Renovations New roof , new plumbing and new gate. There is a current lease on the entire space, and can be renewed if you would like to keep the current tenants, for seamless income immediately! The two story building offers plenty of space for a family or for multiple tenants. Call today to tour this income producing property that is in great condition.

Submit all offers via MLS Offers: http://www.mlsoffers.com/propertysearch.php?mls= DON'T MISS OUT on this investment opportunity. Much higher comps in area! MOTIVATED! All reasonable OFFERS considered. Property being sold strictly AS-IS!

LINCOLN PARK ADD TO HOMESTEAD PB 6-185 LOTS 17-18-19 BLK 6 LOT SIZE 75.000 X 97 COC 26268-3571 03 2008 5

Less Than 1/4 Acre Lot

Welcome to your next income opportunity. This Commercial is operating as rooming/boarding house with 18 units and three full baths. 1 shared bath and 9 room on first floor. 2nd floor has one full bath and 9 single rooms. Average unit charged per month is $600. There are total of 18 units in the building. There is also a 2/1 detached currently rented under section 8 for $1450. Owner spent approximately $80K in Renovations New roof , new plumbing and new gate. There is a current lease on the entire space, and can be renewed if you would like to keep the current tenants, for seamless income immediately! The two story building offers plenty of space for a family or for multiple tenants. Call today to tour this income producing property that is in great condition.

City:Homestead,Zoning:1900,Cooling:1:Wall/Window Unit(s),List A O R:A-Miami Association of REALTORS,Tax Year:2019,Latitude:25.4646804,Malone Id:2093546016,Cooling Y N:1,Heating Y N:1,List Price:799999,Listing Id:A10905062,Longitude:-80.4858083,Mls Status:Active With Contract,Year Built:1956,Living Area:3862,Postal Code:33030,Street Name:6th Ter,Contingency:Backup Contract/Call LA,Coordinates:1:25.4646804,Photos Count:15,Building Name:LINCOLN PARK ADDN TO HOME,Days On Market:30,Listing Terms:1:Conventional,2:Owner Will Carry,Lot Size Units:Square Feet,M L S Area Major:Lincoln Park Addn To Home,On Market Date:2020-08-04,Parcel Number:10-78-13-036-1020,Parking Total:4,Property Type:Residential Income,Rent Includes:1:Hot Water,2:Gardener,3:Sewer,4:Trash Collection,5:Water,Stories Total:2,Street Number:527,M I A M I R E_ Style:Duplex,Public Remarks:Welcome to your next income opportunity. This Commercial is operating as rooming/boarding house with 18 units and three full baths. 1 shared bath and 9 room on first floor. 2nd floor has one full bath and 9 single rooms. Average unit charged per month is $600. There are total of 18 units in the building. There is also a 2/1 detached currently rented under section 8 for $1450. Owner spent approximately $80K in Renovations New roof , new plumbing and new gate. There is a current lease on the entire space, and can be renewed if you would like to keep the current tenants, for seamless income immediately! The two story building offers plenty of space for a family or for multiple tenants. Call today to tour this income producing property that is in great condition.,County Or Parish:Miami-Dade County,Expiration Date:2020-10-31,Standard Status:Active Under Contract,Living Area Units:Square Feet,Major Change Type:Active Under Contract,Postal Code Plus4:6930,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:LINCOLN PARK ADDN TO HOME,Tax Annual Amount:3325,Total Actual Rent:144000,Unparsed Address:527 SW 6th Ter, Homestead FL 33030,Listing Agreement:Exclusive Right To Sell,Operating Expense:114000,Year Built Details:Unknown,Building Area Units:Square Feet,Lot Size Square Feet:3862,M I A M I R E_ L P Amt Sq Ft:207.1463,Original List Price:799999,Public Survey Range:78,Documents Available:1:Investment Analysis,2:Copy Of Lease(S),3:Rent Rolls,4:Existing Survey,I D X Participation Y N:1,Net Operating Income:30000,Number Of Units Total:3,Syndication Remarks:Welcome to your next income opportunity. This Commercial is operating as rooming/boarding house with 18 units and three full baths. 1 shared bath and 9 room on first floor. 2nd floor has one full bath and 9 single rooms. Average unit charged per month is $600. There are total of 18 units in the building. There is also a 2/1 detached currently rented under section 8 for $1450. Owner spent approximately $80K in Renovations New roof , new plumbing and new gate. There is a current lease on the entire space, and can be renewed if you would like to keep the current tenants, for seamless income immediately! The two story building offers plenty of space for a family or for multiple tenants. Call today to tour this income producing property that is in great condition.,Listing Contract Date:2020-08-04,Originating System I D:miamire,Public Survey Section:13,Showing Instructions:Call Listing Agent,No Sign,Other Showing Instruction,Street Number Numeric:527,Tax Legal Description:LINCOLN PARK ADD TO HOMESTEAD PB 6-185 LOTS 17-18-19 BLK 6 LOT SIZE 75.000 X 97 COC 26268-3571 03 2008 5,Public Survey Township:78,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3%,M I A M I R E_ Adjusted Area S F:3862,Contract Status Change Date:2020-09-02,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,Dual Variable Compensation Y N:1,Transaction Broker Compensation:3%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:207.15,Internet Automated Valuation Display Y N:1,

  • Price $799,999.00
  • Price Change: 2020-08-05
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 1956
  • Waterfront
  • View
  • Pool Yes
  • Style Detached
  • Construction CBS Construction
  • Parking Description
  • Flooring Type Tile
  • Property Type Residential Income
  • Status Active With Contract
  • Listed 2020-08-05
  • Days on Market 202
  • Furnished
  • City Homestead
  • Zip 33030
  • State Florida
  • Subdivision LINCOLN PARK ADDN TO HOME
  • Development Name LINCOLN PARK ADDN TO HOME, Lincoln Park Addn To Home
  • HOA Fees 0
  • Taxes 3325
  • Taxes Year 2019