$710,500
$799,999
11.2%For more information regarding the value of a property, please contact us for a free consultation.
2,878 SqFt
SOLD DATE : 11/20/2020
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
Waterfront No
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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Bought with MSP Group, LLC
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