$5,750,000
$5,750,000
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1501 W 42nd St Hialeah, FL 33012
19,600 SqFt
Key Details
Sold Price $5,750,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 19,600 sqft
Price per Sqft $293
MLS Listing ID A11598443
Sold Date 08/16/24
HOA Y/N No
Year Built 1987
Annual Tax Amount $72,083
Contingent Pending Inspections
Lot Size 0.779 Acres
Property Description
Eco Stone Group Investments is pleased to present a 20-unit multifamily property located at 1501 W 42 St, Hialeah, FL, 33012, in the heart of Hialeah, the largest epicenter for the Hispanic community. Its density and desirability have allowed for rapid growth in rents and capital appreciation for the area. The property is close to prime destinations like Miami International Airport, The Amelia Earhart Park, multiple supermarkets.
The property features:
- 20 separate units, each with 2 bedrooms and 1 bathroom (approximately 950 sq.ft.), which are larger than average.
- Separate electric meters for each unit.
- 80% of the units have been renovated.
- A parking space for each unit.
- On-site coin laundry facilities generating additional income.
Location
State FL
County Miami-dade
Area 29
Direction 1501 W 42 ST Hialeah FL 33012
Interior
Heating Central
Cooling Central Air
Exterior
Parking Type Assigned
Building
Story 2
Level or Stories Two
Structure Type Block
Others
Tax ID 04-30-02-072-0260
Security Features Fire Sprinkler System,Other,Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Universal USA Realty LLC