1207 NE 1st Ave, Homestead FL 33030

Description

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.

This quadruplex home located at 1207 NE 1st Ave, Homestead FL 33030 is currently for sale and it is a new listing on Brickellsold listed today. This property is listed at $889K. It has N/A beds, N/A bathrooms, and is 2484 square feet. It was built in 1990. 1207 NE 1st Ave, Homestead FL 33030 is in Homestead county Miami-Dade County.