$889,000

Townhouse Homestead

  • Updated: October 20
  • MLS#7-12108749

About the Property

Investment opportunity in Homestead! This fourplex offers substantial income growth potential and a new roof completed with permits. An opportunity for investors seeking a multifamily asset with room to improve rental performance and build long-term value. With four income-producing units, the property offers multiple rental streams and significant future upside through strategic management and re
Investment opportunity in Homestead! This fourplex offers substantial income growth potential and a new roof completed with permits. An opportunity for investors seeking a multifamily asset with room to improve rental performance and build long-term value. With four income-producing units, the property offers multiple rental streams and significant future upside through strategic management and rent optimization. Projected annual net operating income of nearly $85,000 assumes registration with the local housing authority and achievement of projected rents, subject to program approval, applicable inspections, and operating expenses. This figure represents potential future performance and is not current or guaranteed income. Buyers should independently verify existing rents, leases, expenses, program requirements, and financial projections during due diligence. The recently completed permitted roof adds value while addressing a major building component. Whether expanding an existing portfolio or pursuing a multifamily investment with room for growth, this fourplex offers an opportunity to capitalize on its untapped rental potential. Tenant occupied. Please do not disturb tenants or enter the property without a confirmed appointment. All showings are by appointment only.
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  • Property type

    Townhouse

  • Year built

    1990

Explore the Area

1207 NE 1st Ave, Homestead, Florida, United States View on Google Maps
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Ricardo Chen

Joined 11 months ago
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Ricardo Chen
Florida, United States
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2
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2025
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Brown Harris Stevens - South Miami
7500 Red Road, Suite A, 33143, South Miami, Florida, United States
View agency profile
Last updated
October 20
First listed
October 20
Listing reference
7-12108749
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