Maggie Rosario | Broker Associate
The Best Real Estate Agent Near Edgewood
As a seasoned Agent in Edgewood, Florida, I am committed to providing outstanding service to both buyers and sellers. With in depth expertise of the local market and a drive for delivering results, I can assist you reach your real estate goals. No matter if you’re aiming to find your ideal home or sell your current house for the absolute best possible price, I am here to assist you each and every single step of the way.
Allow Me To Assist You In Identifying Your Ideal House
Maggie Rosario, your Edgewood Realtor with 17+ years of experience. Fluent in English, Spanish, Italian, and some Russian. Let's reach your real estate goals together!
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Multi Family Homes available for sale Edgewood
Edgewood’s multi-family homes market offers ample investment opportunities. Properties range from duplexes to large apartment complexes, each distinct in features and offering lucrative returns. With an average listing period of just 46 days and a significant 33% rise in sales prices since 2020, it’s worth considering this dynamic real estate option. These properties aren’t just investments but also promise comfortable urban living with easy commutes. So whether you’re an expert investor or embarking on your first venture, there’s a wealth of options awaiting you. All ready to explore these promising prospects further? Stay on this page for some exciting insights.
Understanding Multi-Family Homes
While considering a financial investment in Edgewood’s real estate market, it’s vital to be aware of that multi-family homes can range from duplexes, triplexes, fourplexes, to even larger apartment building, offering a plethora of options for steady rental income. These properties, each with unique features and layouts, are as diverse as the Edgewood market in itself.
Your financial investment opportunities aren’t limited to a specific type; it’s all about finding the right fit for your budget and business model. Whether you’re an experienced investor or a newcomer to the game, the Edgewood market has something for every person. The average time these properties spend on the market is just 46 days, a testament to the vibrant and dynamic nature of this investment landscape.
With 42 multi-family homes currently available ranging from $300,000 to a massive $3,750,000, there’s no shortage of choices for you to choose from. So, whether you’re looking for a simple duplex or a sprawling apartment complex, Edgewood’s real estate market is ready to welcome you.
Benefits of Investing in Edgewood
Dive into the capability for growth in this vibrant market with over 2600 active homes for sale. The diversity of these homes, from spacious duplexes to luxury townhomes, provides a multitude of options. The appeal doesn’t stop with the purchase price. Consider the rental income potential, with ROI up to 10%, making your investment not just a home, but a steady-going stream of income.
Edgewood’s allure extends beyond its real estate market. The city gives urban living convenience, proximity to amenities, and easy commuting opportunities. Investing in multi-family properties here isn’t just a financial decision, it’s a lifestyle choice, offering a sense of belonging in a thriving community.
Don’t skip this wonderful opportunity in Edgewood
Exploring Edgewood's Real Estate Market
Edgewood’s real estate market boasts:
- A diverse range of multi-family homes for purchase, satisfying all budget and investment needs
- A healthy property value growth, protecting your investment
- An average of 46 days on the market for homes, indicating a swift turnover
- 42 multi-family homes available, priced between $300,000 to $3,750,000, offering diversified investment opportunities
You’ll find that multi-family homes in Edgewood not only provide a lucrative investment but also a chance to be part of a lively environment. As an investor, you’re not just buying property; you’re gaining a stake in Edgewood’s future.
Types of Multi-Family Homes
In the centre of Edgewood, you’ll find a varied selection of multi-family homes, including duplexes, triplexes, fourplexes, and apartment complexes, each offering unique opportunities for investment and living. These homes offer multiple units within the same building or complex, giving you the versatility to choose a configuration that matches your investment goals and budget.
Duplexes, with their two individual units, offer a solid entry point into property investment. Triplexes and fourplexes, housing three and four units respectively, provide greater rental income potential. For those searching for a substantial investment, apartment complexes, with their numerous units, can provide significant earnings.
These multi-family homes not only promise regular rental profit but also potential property appreciation, enhancing your wealth over time. Whether you’re a seasoned investor or just starting, these properties might be a vital part of your portfolio.
In Edgewood, the choice is substantial and the opportunities are ample. So, whether you’re drawn to the charm of a duplex, the potential of a fourplex, or the scale of an apartment complex, there’s a multi-family home waiting for you.
Invest in Edgewood and belong to a thriving community of property investors.
Navigating the Buying Process
Having discovered the variety of multi-family homes in Edgewood, it’s time to guide you through the buying process, ensuring you can confidently secure the best investment for your portfolio. Breathe easy knowing Edgewood’s thriving rental market bolsters your investment, with multi-family properties offering the luring option to rent out multiple units on the same parcel.
In getting through the buying process, consider these crucial points:
- Aim for properties with a healthy ROI, as Edgewood investors often see returns ranging from 9.5% to almost 10%
- Bear in mind the location, prioritizing properties near major roads, amenities, and in vivid districts to attract potential tenants
- Act promptly, as the typical time on the market for these properties is just 46 days
- Look beyond the initial purchase cost. Consider potential rental income, maintenance costs, and property taxes in your forecasts
Edgewood's Community Highlights
Past the financial benefits, your investment in a multi-family home in Edgewood also exposes you to a dynamic community teeming with attractions. The city’s community highlights aren’t just limited to its thriving real estate market, but they extend to the lifestyle it gives.
Edgewood offers a myriad of green spaces, nearly 150 public ones to be accurate. These spaces are a sanctuary for outdoor adventures and provide spots for relaxation amidst vibrant city life.
Here are more reasons why you’ll enjoy belonging to Edgewood:
- Getting a break from the city life is easy with beaches within an hour’s drive
- Golfing is part of the lifestyle, with over 50 golf courses within a 15-mile radius
- The neighborhood is inclusive and welcoming, perfect for families and individuals alike
In Edgewood, you’re not just investing in property, you’re becoming part of a vibrant community
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