Homestead, FL 33030,527 SW 6th Ter
Homestead, FL 33030,527 SW 6th Ter
Homestead, FL 33030,527 SW 6th Ter
15
$710,500
$799,999
11.2%
Est.Price: ?

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2,878 SqFt

527 SW 6th Ter Homestead, FL 33030

Est. payment /mo
SOLD DATE : 11/20/2020

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Key Details

Sold Price $710,500

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,878 sqft

Price per Sqft $246

Subdivision Lincoln Park Addn To Home

MLS Listing ID A10905062

Sold Date 11/20/20

Construction Status Unknown

HOA Y/N Yes

Year Built 1956

Annual Tax Amount $3,325

Tax Year 2019

Contingent Backup Contract/Call LA

Property 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.

Location

State FL

County Miami-dade County

Community Lincoln Park Addn To Home

Area 78

Interior

Heating Electric

Cooling Ceiling Fan(s), Wall/Window Unit(s)

Flooring Tile

Exterior

Exterior Feature Balcony, Fence, Patio

Pool None

Utilities Available Cable Available

Roof Type Flat

Porch Balcony, Open, Patio

Total Parking Spaces 4

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Block

Construction Status Unknown

Others

Tax ID 10-78-13-036-1020

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry

Financing 1031 Exchange

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Listed by Z Luxury Group
Bought with MSP Group, LLC

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Herman Singh

Broker

+1(310) 625-6175

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