Multifamily Property – 12 Units in Hialeah, FL – Fully Occupied with Income Potential

Category: Multifamily

Price:$2,300,000

Location: Hialeah, FL

Year Built: 1953

Days on Market: 50

Description:

12 unit multi-family property for sale in the heart of Hialeah. 2 folio's included in the sale. 60 W. 11 Street and 74 W. 11 Street (04-31-19-012-0110). Long-standing, stable tenants with the property being fully occupied. There are eleven 1 bedroom units and one 2 bedroom/1 bath unit. Potential to increase rents to market rates. There is a utility room with separate meters as well as an onsite washer/dryer also generating income. The property is well maintained. Combined lot size is 20,250 sq. ft. 50 year certification has been passed for 60 W 11 Street in 2024. Please do not disturb tenants.

12 unit multi-family property for sale in the heart of Hialeah. Contact listing agent for additional details. Please do not disturb tenants.

Listing Code: 1134557778