$250,000
$250,000
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1316 NW 13th St Homestead, FL 33030
1,237 SqFt
Key Details
Sold Price $250,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,237 sqft
Price per Sqft $202
Subdivision Redondo
MLS Listing ID A10919874
Sold Date 10/28/20
Construction Status Resale
HOA Y/N No
Year Built 1955
Annual Tax Amount $2,131
Tax Year 2019
Contingent No Contingencies
Property Description
ATTN:INVESTORS! GREAT INVESTMENT PROPERTY. RIGHT NOW THE PROPERTY IS PRODUCING AN INCOME OF $2150 WITH A CAP RATE OF 7% WITH A POTENTIAL OF GROW AS TENANTS HAVE BEEN THERE FOR OVER 10 YEARS WITH JUST ONE RENTAL INCREASE. ZONING IS R-2 (DUPLEX ZONE) BUT THE PROPERTY RIGHT NOW IS A SINGLE FAMILY HOME DIVIDED IN 2 PROPERTIES , ONE IS A 3/1 AND THE OTHER A 2/1. THERE IS JUST ONE METER. YOU COULD EITHER CONVERTED TO A LEGAL DUPLEX OR LEAVE IT AS IS. THERE IS ALSO A DETACHED STRUCTURE THAT IS BEING USED AS A STORAGE. GOOD SCHOOL DISTRICT AS WELL.
Location
State FL
County Miami-dade County
Community Redondo
Area 78
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Tile
Exterior
Exterior Feature Fence, Porch, Patio
Pool None
Utilities Available Cable Not Available
Waterfront No
Roof Type Tar/Gravel
Porch Open, Patio, Porch
Total Parking Spaces 5
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 10-78-12-018-0241
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Other,See Remarks
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Bought with Coldwell Banker Realty