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
5
/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
5
/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
5
/10
Miami Springs Senior High School
751 Dove Ave
Distance between this listing and this school0.77 miles
Public Magnet Grades 9-12
5
/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 most common annual income of people living in Hialeah, FL is less than $35k. Most families are single, no kids. Residents of this area typically 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.
Hialeah, FL housing market in October 2024 saw over 10 listings sold above listed price, more than 17 sold at listed price and over 63 sold below. The number of homes for sale in Hialeah, FL increased by 9.6% between September 2024 and October 2024. In October 2024, listings were on the market for 52 days. During the same period, the median list price in this real estate market was $463,609.
From Rocket Homes Real Estate and based on county public records data.