$575,000
$649,999
11.5%For more information regarding the value of a property, please contact us for a free consultation.
271 E 57th St Hialeah, FL 33013
4 Beds
2 Baths
2,398 SqFt
Key Details
Sold Price $575,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,398 sqft
Price per Sqft $239
Subdivision 4Th Avenue Extension To H
MLS Listing ID A11628548
Sold Date 09/13/24
Style Detached,One Story
Bedrooms 4
Full Baths 2
Construction Status Effective Year Built
HOA Y/N No
Year Built 1950
Annual Tax Amount $3,303
Tax Year 2023
Contingent No Contingencies
Lot Size 7,920 Sqft
Property 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.
Location
State FL
County Miami-dade
Community 4Th Avenue Extension To H
Area 31
Interior
Interior Features Bedroom on Main Level, First Floor Entry
Heating Central
Cooling Central Air, Ceiling Fan(s)
Flooring Tile
Appliance Dryer, Dishwasher, Electric Range, Microwave, Washer
Laundry Washer Hookup, Dryer Hookup
Exterior
Exterior Feature Fence, Fruit Trees
Pool None
Community Features Laundry Facilities
Waterfront No
View Y/N No
View None
Roof Type Shingle
Parking Type Driveway, Other, On Street
Garage No
Building
Lot Description < 1/4 Acre
Faces East
Story 1
Sewer Public Sewer
Water Other
Architectural Style Detached, One Story
Structure Type Block
Construction Status Effective Year Built
Others
Senior Community No
Tax ID 04-21-31-003-1260
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash
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Bought with Saggio Realty, Inc.
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