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.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
South Hialeah Elementary School
265 E 5th St
Distance between this listing and this school0.64 miles
Public District Grades PK-5
Middle School
2
/10
Miami Springs Middle School
150 S Royal Poinciana Blvd
Distance between this listing and this school1.45 miles
Public Magnet Grades 6-8
High School
4
/10
Westland Hialeah Senior High School
4000 W 18th Ave
Distance between this listing and this school2.83 miles
Public Magnet Grades 9-12
Assigned Schools
8
/10
South Hialeah Elementary School
265 E 5th St
Distance between this listing and this school0.64 miles
Public District Grades PK-5
Nearby Schools
7
/10
Miami Springs Elementary School
51 Park St
Distance between this listing and this school0.74 miles
Public District Grades PK-5
7
/10
Hialeah Elementary School
550 E 8th St
Distance between this listing and this school0.84 miles
Public District Grades PK-5
Assigned Schools
2
/10
Miami Springs Middle School
150 S Royal Poinciana Blvd
Distance between this listing and this school1.45 miles
Public Magnet Grades 6-8
Nearby Schools
2
/10
Excelsior Language Academy of Hialeah
369 E 10th St
Distance between this listing and this school0.57 miles
Public Charter Grades PK-8
6
/10
Imater Academy
600 W 20th St
Distance between this listing and this school0.80 miles
Public Charter Grades KG-8
Assigned Schools
4
/10
Westland Hialeah Senior High School
4000 W 18th Ave
Distance between this listing and this school2.83 miles
Public Magnet Grades 9-12
Nearby Schools
4
/10
Miami Springs Senior High School
751 Dove Ave
Distance between this listing and this school0.77 miles
Public Magnet Grades 9-12
6
/10
Imater Preparatory Academy High School
651 W 20th St
Distance between this listing and this school0.89 miles
The neighbors living near this home have an average income of $14,244. The majority of Hialeah, FL residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
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This home is located at 66 W 13th St in Hialeah, FL and zip code 33010. This 7,239 square foot home was built in 1937. It has been listed on Rocket Homes since February 21, 2024 and is currently priced at $2,730,000.
Over 17 listings were sold over their listed price in March 2024 in Hialeah, FL. In the same period over 63 listings were sold below the listed price and 25 listings were sold for the listed price. The inventory of homes for sale in Hialeah, FL between February 2024 and March 2024 increased by 11.1%. Listings spent 51 days on the market in March 2024, and had a median list price of $449,988 during the same period.
From Rocket Homes Real Estate and based on county public records data.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
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