Multifamily in Homestead, FL 33030

Newport, 901 NW 11th St

MSP Group, LLC is proud to be the exclusive listing broker for the duplex property located at 901 NW 11th Street in Homestead, Florida. The property consists of 2, 2-bedroom/1-bathroom units that total 1,684 SF of net rentable SF built in 1991 that sit atop a 7,700 SF providing each of the tenants a backyard and the closet thing to single family living experience. The property is individually metered for water and electricity providing the landlord low monthly expenses. All windows were replaced with impact windows helping to keep insurance cost down. With a current monthly income of $1,900 per month for the one occupied unit and 1 rent ready unit that will command and similar rent this property will be an excellent cash flowing asset for the next buyer from day one. The adjacent property 933 NW 11th Street is also available for purchase and may be purchased together or separately.