Closed

Town Of Hialeah, 179 W 9th St, Hialeah, FL 33010

2,999,000(-9.97% )
$2,700,000Price
6,729SqFt

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Details

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Status:
Sold - Apr 04, 2025
Size: 6,729 SqFt (625 m2)
Price: $401/SqFt ($4,319/m2)
Type: Multi Family
Built: 1954
MLS Number: A11729713
On Site: 191 Days
Updated: 117 Days ago
Page Views: 0
This 14-unit multi-family building is located in one of the best areas in west hialeah. The property is in excellent condition with long-standing tenants, fully occupied. There are nine 1-bedroom units and 5 studio units. The 50-year recertification was passed and completed in 2024. Potential to increase monthly rental rates to market rents which indicate should be $1,750 per month for 1-bedrooms and $1,350 per month for studios. There is extremely low turnover and almost no vacancy on this property. utility room onsite where a washer/dryer are located and currently collecting rent, about $70 per month. All units have separate electric meters.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Other
        • Cooling Description: Other
        Building and Construction
        • Floor Description: Other
        • Year Built: 1954
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-01-23T16:46:51.000-00:00
          Taxes, Fees & More
          • Taxes: 24561

          Price History

          04/04/2025

          Date

          Sold

          Event

          $2.7M

          Price

          -9.97%

          Change Rate

          $401 ft2 / $4,319 m2

          Price Per

          01/22/2025

          Date

          Listed

          Event

          $3M

          Price

          $446 ft2 / $4,797 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by David VazquezDouglas Elliman • Buyer Agency Compensation .

          Instant Comps

          $100/ft²
          $200/ft²
          $400/ft²
          $700/ft²

          Unit 179 W 9th St – Asking

          $401/ft²

          (+4%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $386/ft²
          Community $/Price Range (Closed) $146/ft² – $507/ft²
          No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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          Hialeah
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