$1,560,000
$1,900,000
17.9%For more information regarding the value of a property, please contact us for a free consultation.
135 W 28th St Hialeah, FL 33010
5,376 SqFt
Key Details
Sold Price $1,560,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,376 sqft
Price per Sqft $290
MLS Listing ID A11160414
Sold Date 03/17/22
HOA Y/N No
Year Built 1967
Annual Tax Amount $14,636
Contingent No Contingencies
Lot Size 6,450 Sqft
Property Description
Rare opportunity!! 8 unit Multifamily building in Hialeah. 100% occupied. Four 1/1 units and four 2/1 units. Good condition. NEW ROOF 2021. New accordion shutters in 2018. Painted exterior 2018. Asphalt driveway in good shape. PLUMBING WAS COMPLETELY REDONE a few months ago. Units individually metered. Landlord currently pays water. Value Add opportunity. Below market rents. 8 parking spaces. 5.0% Proforma Cap Rate. Cap Rates for multifamily buildings in Hialeah are projected to sell at 3.5%-4.5% in 2022.
Location
State FL
County Miami-dade County
Area 31
Building
Story 2
Level or Stories Two
Others
Tax ID 04-31-07-010-0854
Financing Cash
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Bought with Synergy Realty Advisors