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.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 11
- Full Bathrooms: 11
Heating and Cooling
- Cooling Features: WallWindowUnits
- Heating Features: WallFurnace
- Heating: Yes
Interior Features
Land Info
- Lot Description: LessThanQuarterAcre
Garage and Parking
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Rental Info
- Rent Includes: Sewer, TrashCollection, Water
Multi-Unit Info
- Bedrooms in Unit-1: 4
- Bedrooms in Unit-2: 1
- Bedrooms in Unit-3: 1
- Bedrooms in Unit-4: 2
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Total Bathrooms in Unit-3: 1
- Total Bathrooms in Unit-4: 1
Other Property Info
- Annual Tax Amount: 17532
- Source Listing Status: Active
- County: Miami-Dade
- Tax Year: 2023
- Source Property Type: ResidentialIncome
- Source Neighborhood: HIALEAH 7TH ADDN
- Parcel Number: 04-31-18-012-0440
- Postal City: Hialeah
- Postal Code Plus 4: 3935
- Subdivision: HIALEAH 7TH ADDN
- Zoning Description: 4600
- Property Subtype: Quadruplex
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 7239
- Year Built: 1937
- Building Area Total: 7239
- Construction Materials: Block
- Levels: Two
- Property Age: 87
- Roof: Shingle
- Levels or Stories: 2
- Year Built Details: Resale
- Architectural Style: Fourplex
Utilities
- Sewer: PublicSewer
- CableNotAvailable