4Th Avenue Extension To H 4 bedroom Single Family House For Sale
271 E 57th St, Hialeah, FL 33013

$575,000
Sold
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11628548
  • Virtual Tour: YES
  • List Price: $649,999
  • Sold Price: $575,000
  • Living Area: 2398 Ft² / 223 M²
  • Price Per Foot/Meter: $240 / $2,581
  • Bedrooms:4
  • Full Baths:2
  • Taxes:$3,303
  • Year Built:1950
  • Listing Date:July 23, 2024
  • Sold Date: September 13, 2024
  • Days On Market:51

Description


Discover the potential of this outstanding investment property. This property currently generates an impressive $7,100 in monthly income from five rented units. With the owner-occupied unit available to rent for an additional $2,400, the total potential monthly income rises to an incredible $9,500. This is a rare opportunity to secure a high-yield investment in a prime location. Current Monthly Income: $7,100 Unit 1: $1,300 Unit 2: $1,600 Unit 3: $1,800 Unit 4: $1,700 Unit 5: $600 Potential Additional Income: $2,400 (from owner-occupied unit) Total Potential Monthly Income: $9,500 AS-IS Sale: The property will be sold as is, providing a straightforward transaction for the savvy investor looking to capitalize on this lucrative opportunity.

Features


  • Floor:Tile
  • Interior Feature:BedroomOnMainLevel, FirstFloorEntry
  • Exterior Feature:Fence, FruitTrees

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker