$1,375,000
Multifamily for sale20 W 37th St, Hialeah, FL 33012 Income-producing non-conforming 4-plex with two additional efficiency units, offering strong rental demand in the highly sought-after hialeah rental market. The property features four corner 2-bedroom / 1-bath units plus two efficiencies generating approximately $1, 700/month ($850 each) in additional income.
Three of the four 2-bedroom units are currently leased below market, with long-term tenants of 10+ years and a history of consistent, on-time payments, providing stable cash flow and future upside potential.
Unit 1 was fully remodeled in 2025, including new a/c, new ductwork, new kitchen, and new appliances. The 2-bedroom units feature central a/c, and the efficiencies have new wall a/c units.
Located on palm avenue, the property offers easy access to okeechobee road, major highways, shopping, and the metrorail station, making it attractive for long-term tenants and future renters alike.
Great opportunity for investors seeking immediate income with value-add potential in one of miami-dade’s strongest rental markets.