Welcome to an exceptional investment opportunity in Hawthorne, FL, offering a remarkable yearly ROI of 14.88% at a competitive purchase price of $899,900. This 14-unit multi-family property, comprising four 1-bedroom/1-bath units and ten studio apartments, promises substantial revenue potential with the addition of coin laundry facilities and mobile home/RV lots. Anticipate a market value increase to $1,050,000 by Year 2. The property is conveniently connected to city water and sewer services. All 12 completed units are fully occupied and have undergone extensive renovations, featuring new windows on two buildings, new front doors, laminate flooring, toilets, ceiling fans, and bathroom lighting. The property also boasts a new roof, appliances (including fridges, microwaves, and hotplates), outlets, switches, water heaters, and AC units in all units. This turnkey property is an investor's dream, offering modern amenities and a strong rental income stream.
The income description goes here to explain
| List Price | $899,900 |
| Property Type | Other |
| Usable Sqft | 5,567 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1952 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 19917001000 |
| MLS # | O6276879 |
| Property ID | 321239191 |
| Lot Sqft | 179,903 |
| Zoning | CG |
| Total Units | 14 |
| Days on Market | 283 |
| Original List Price | $899,900 |
| Date Updated | February 26, 2025 |
| Date Created | February 02, 2025 |
Financials not available online. Please inquire with your agent for more details.
Daniel Colombo an agent of . Lic #3493232
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of February 26, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT