$850,000
$850,000
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3,977 SqFt
SOLD DATE : 03/30/2021
Key Details
Sold Price $850,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,977 sqft
Price per Sqft $213
Subdivision Hialeah 5Th Addn Rev Pl
MLS Listing ID A11003710
Sold Date 03/30/21
Style Fourplex
Construction Status Effective Year Built
HOA Y/N Yes
Year Built 1970
Annual Tax Amount $7,884
Tax Year 2020
Contingent No Contingencies
Property Description
Synergy Realty Advisors presents a fully remodeled and fully rented fourplex in Hialeah. All units remodeled($100k+) in the last three years with new kitchens with stainless steel appliances, newer bathrooms. Washer/ dryer in each unit. Minimal landlord responsibility as tenants pay water, electric and trash. Units are rented for $1,200 a month each and rents are under market. Cap Rate is 5% at asking price. Each tenant has their own parking spot plus guest parking. 3,977 sf building on a 6,750 lot. All units are 2BR/1BR units. Year built is 1970 but the property has been remodeled in the last 2 years including a new roof with 7 years left on the warranty. New asphalt, new A/C's, new appliances. Property may qualify for FHA financing.
Location
State FL
County Miami-dade County
Community Hialeah 5Th Addn Rev Pl
Area 31
Interior
Heating Other
Cooling Other
Flooring Tile
Exterior
Pool None
Utilities Available Cable Not Available
Waterfront No
Roof Type Flat,Tile
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 2
Sewer Other
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status Effective Year Built
Others
Tax ID 04-31-18-011-0221
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash
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Bought with Trexy International Realty, Inc
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