1535 N Redland Rd, Homestead, FL 33034

1535 and 1541 Redland Road are 2 duplexes situated adjacent from each other. Each duplex is made up of two 1 bedroom 1 bathroom units that are individually metered for water, electricity and trash. The units are all currently rented to section 8 tenants with current rents of $1200, $1250, $1,261 and $1,000. The unit rented for $1,000 is up for renewal in March of 2023. At this time new ownership can submit for a rental increase to catch up to market rents. These duplexes will provide a new owner with ease of rental collections and an excellent cashflow. The duplexes must be purchased together. The total asking price is $530,000.