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Gelfand Realty Miami Properties - Multi Family

911 E SHELL PT, RUSKIN, FL 33570

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Multi Family - RUSKIN COLONY FARMS

911 E SHELL PT, RUSKIN, FL 33570

Date Sold 07-19-2019

Sold Price$800,000 Asking Price$950,000

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  • Days on market:

    267 day(s)

  • Original Price:

    $950,000

  • Price per sqft:

    $706.85

  • Tax Legal Description:

    RUSKIN COLONY FARMS W 190.38 FT OF N 161 FT OF LOTS 39 & 40 LYING NWLY OF R/W OF RR LESS W 100.19 FT THEREOF

  • Tax Year:

    2018

  • Property Type:

    Multi Family

  • Carport Spaces:

    1

  • Construction Type:

    StuccoBlock

  • Cooling Description:

    Central Air

  • Heating Description:

    Central

  • Exterior Features:

    Storage

  • Special Listing Conditions:

    None

Description

$950,000 • living size area 1344 sqft

Great investment property that is 100% leased & consists of 6 duplexes for a total of 12 units (2bed / 1 bath), also a few empty lots where you can build up a few more duplexes or use for storage and is perfect for rvs or mobile homes. a little landscaping and some improvements could potentially increase your income as well as the value of this property even more. tenant pays electric, cable. most units have been renovated, great returns around 8.5% cap rate, double digits cash flow. (more than one parcel are included on this sale)

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