Great opportunity to own a package of 5-Spacious fully rented 3 bedrooms & 2 1/2 baths, townhouses (One is 4/3). Several spacious closets (including a walk-in closet). Central A/C, washer and dryer in the units, built in 2006 and rented at $1500 each, for an income of $7500 per month ($90,000 per year). Taxes and month maintenance are $30,000 so the net income is $60,000 (6.5% return). Gated community with 24 hour security located in the heart of Homestead, just minutes from Turnpike and newly constructed Baptist Hospital. Amenities include Clubhouse, pool, tiki bar, children's play area, walking trails and plenty of visitor parking. Low maintenance association fee ($268 per month each), includes water, exterior insurance, landscaping, trash collection and more. Call today for more info!
Listing courtesy of Urbaniza Realty.