Multifamily in Hialeah, FL 33010
Town Of Hialeah, 685 E 2nd Ave

Beds
3,176
SqFt
$252
$/SqFt
Sold - Sep 03, 2021
Premium Multifamily
Built in 1972
Fourplex
This is based in the heart of Hialeah close to shopping, major highways. CASH COW property. This is perfect for a buyer looking to live in one unit and use the others for income. This is also a great opportunity for an investor. Property has upside of 8.6% TRUE CAP RATE and 13.4% CASH-ON-CASH potential. The neighborhood has increased in value almost 18% in the last 2 years! Based on recent sales, property has approximately $300-400K in equity. This is for a buyer looking for a value-add property.
MLS Number: A11082833
On Site: 1866 Days
Updated: 23 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central,Electric
        • Cooling Description: CentralAir, CeilingFans
        Building and Construction
        • Floor Description: CeramicTile
        • Windows/Treatment: Blinds
        • Year Built: 1972
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2021-08-10T18:23:22.000-00:00
          Taxes, Fees & More
          • Taxes: 6585

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          Price History

          Date
          Event
          Price
          Change
          Price Per
          08/10/2021
          Listed
          $800K
           
          $252 ft2
          $2,711 m2
          08/10/2021
          $800K
          Event
          Listed
          Price Per
          $252 ft2
          $2,711 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Laurie ReaderLaurie Finkelstein Reader Real • Buyer Agency Compensation .

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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          76

          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          44

          100
          Sound Score®
          Bearable noise
          77

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          29

          100
          Local Score
          Limited local amenities nearby
          2

          100
          Community Snapshot
          4 – 5 BR
          Bedrooms
          $570K – $769K
          Price Tier
          720 - 6,729
          SqFt Range
          1952
          Year Build
          1
          Total Floors
          1005
          Total Units

          Hialeah
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