No HOA. Great investment property, current rent $5,708 USD and potential rent $6,204 USD. Everything except $36 USD is being paid by Section 8. Rents on time! Video of the property available.2 separate electric meters and 1 water meter. 5734 Lincoln St (Back unit- 4 bedrooms and 2 baths): rented for $3,640 USD/month to a Section 8 tenant (as of September 2024, the government pays 100% of the rent) The rent may be increased to $3,905 USD (renewal May 31, 2025). || 5736 Lincoln St (Front Unit- 2 bedrooms and 1 bath): rented for $2,068 USD/month to a Section 8 tenant (as of September 2024, the government portion is $2,032 USD and the tenant $36 USD.The rent may be increased to $2,299 USD (renewal December 31, 2024). The current management company can be facilitated.
Listed by:
London Foster Realty
Source:
MIAMI MLS
Date | Days Ago | Event | New Price |
---|---|---|---|
Jul 26, 2024 | 1 mo ago | Price increased20,000 (3%) | $670,000 |
Jul 18, 2024 | 2 mos ago | New on market | $650,000 |