616 SOUTHWEST 8TH AVE HOMESTEAD, FL 33033

$164,000 5 bd, 3 ba, 2054 sqft

This unique triplex deal in 616 SOUTHWEST 8TH AVE HOMESTEAD has a 3/1 unit that needs full rehab, a 1/1 unit occupied and a 1/1 unit rented for $750 a month! Needs updating, and TLC. Solid structure, three buildings, much potential. Zoned for multifamily 2-9 units. Ideal rental property, potential cap rate over 12%!. Taxes only $962.47 for 2016. Smaller, non remodeled 2 unit duplex comps sold up to $165k. Rental average potential over $2,500 a month. 1/1 $750 a month, 1//1 $750 a month, 3/1 $1,100 a month! Occupied property, please don’t disturb!

Property Details

Price:
$164,000
Address:
616 SOUTHWEST 8TH AVE HOMESTEAD, FL 33033
City:
Homestead
State:
Florida
Zip Code:
33033
Year Built:
1949
Terms:
For Sale
Property Type:
Duplex
Square Feet:
2054
Bedrooms:
5
Bathrooms:
3
Lot Size:
10200 SQFT
Const. Type:
CBS

Call (786) 565-8726 for more details

Property Location

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