Property Attributes
- MLS#A11536230
- TypeIncome
- CountyMIAMI-DADE
- CityHialeah
- Area31
- NeighborhoodHIALEAH 7TH ADDN
- Zip33010
- StyleFourplex
- Year Built1937
- Taxes$ 17532
- Price$ 2,730,000
- Bedrooms18
- Full Bathrooms11
- Half Bathrooms0
- Sqr Footage7239
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description
Offering this Beautiful Multi-family with an actual 6.93% cap rate and a Proforma 8.13% Cap Rate in Hialeah. Unbeatable opportunity to own this easy to maintain multifamily. This investment provides a stable long-term tenant base, making it an easy asset to own and manage. Gross revenue has been both predictable and consistent Additionally, there is room to convert 4 of the apartments into 2beds/1 bath. 10 units + extra space PLESE SEE THE FLYER ON THE ATTACHMENTS FOR MORE INFO With Hialeah's status as one of the nation's prime rental markets, this property presents an excellent opportunity for investors seeking are liable and profitable venture.
Price History | |
---|---|
2/20/2024 | Listed $2,830,000 |
3/11/2024 | 4% - $2,730,000 |
General Features
Sewer | PublicSewer |
---|---|
Heating | WallFurnace |
Cooling | WallWindowUnits |
Utilities | CableNotAvailable |
Possession | ClosingFunding |
Roof | Shingle |
Architectural Style | Fourplex |
Pool Features | None |
Construction Materials | Block |
Year Built | 1937 |
Stories | 2 |
Levels | Two |
Property SubType | Quadruplex |
Tax Year | 2023 |
County | Miami-Dade County |
New Construction | No |
Property Type | ResidentialIncome |
HOA / Comm Assn | No |
Attached Garage | No |
Subdivision Name | HIALEAH 7TH ADDN |
Garage Y/N | No |
Rent Includes | Sewer,TrashCollection,Water |
Status | Active |
City | Hialeah |
Buyer Agent Compensation | 3% |
Disclosures | OwnerIsListingAgent |
View Y/N | No |
Senior Community Y/N | No |
Zoning Description | 4600 |
MLS Area | 31 |
Private Pool | No |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | 13th St |
Listing Terms | Assumable,Cash,Conventional,Cryptocurrency,OwnerMayCarry |
Property Attached Y/N | No |
Year Built Details | Resale |
Land Lease Y/N | No |
Tax Annual Amount | 17532.0 |
Home Warranty Y/N | No |
Lease Renewal Y/N | No |
Additional Parcels Y/N | No |
Lease Considered Y/N | No |
Rent Control Y/N | No |
Virtual Tour | https://www.propertypanorama.com/instaview/mia/A11536230 |
Days on Market | 20 |
Standard Status | Active |
Occupancy Description | CallAgent |
Property Sub Type Additional | Quadruplex |
MobileHomeRemainsYN | No |
PostalCity | Hialeah |
Legal Description | HIALEAH 7TH ADDN PB 9-6 LOTS 3 & 4 BLK 61 LOT SIZE 100 X 135 OR 18722-4813 0799 4 |
Interior Features
Flooring | Tile,Vinyl |
---|---|
Basement (Y/N) | No |
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
Electric On Property Y/N | No |
Exterior Features
Lot Features | Item14Acre |
---|---|
Total Parking | 22.0 |
Spa | No |
Building Area Total | 7239.0 |
Lot Size Units | SquareFeet |
Covered Spaces | 0.0 |
Crops Included Y/N | No |
Open Parking Y/N | No |
Horse Y/N | No |
Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool