Tremendous Opportunity for a Buy & Hold Investor: 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 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.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
