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This 14-unit multi-family building is located in one of the best areas in West Hialeah. The property is in excellent condition with long-standing tenants, fully occupied. There are nine 1-bedroom units and 5 studio units. The 50-year Recertificatioon was passed and completed in 2024. Potential to increase monthly rental rates to market rents which indicate should be $1,750 per month for 1-bedrooms and $1,350 per month for studios. There is extremely low turnover and almost no vacancy on this property. Utility room onsite where a Washer/Dryer are located and currently collecting rent, about $70 per month. All units have separate electric meters.
Features
Age: Over 50 Years Old
Architecture Style: Other
Building Units: 14
Exterior Type: Block
Legal Description: TOWN OF HIALEAH PB 5-77 LOTS 21-22 & 23 BLK 41 LOT SIZE 150.000 X 135 OR 15256-943 1091 1