Eight-unit, two-story apartment building in Hialeah, Miami-Dade County. Four two-bedroom, one-bath units and four one-bedroom, one-bath units. Concrete block and stucco construction, built in 1968, with 5,332 sq ft of building area on a 6,375 sq ft lot. Roof replaced in 2019. Each unit has its own electric meter, plus one house meter. Eight on-site parking spaces, one per unit, including accessible parking. The property is fenced. Current rents are $1,450 per month for each one-bedroom and $1,850 per month for each two-bedroom. Scheduled gross income is $158,400 per year. Operating expenses are $46,478 per year, including 2025 real estate taxes of $18,742. Net operating income is $111,922 per year. Income and expenses are per owner records. Zoned C-2 per the Miami-Dade Property Appraiser. Sale includes land and building.
- Age: Over 50 Years Old
- Building Units: 8
- Exterior Type: Block
- Exterior Type: CBS (Concrete Block Structure)
- Floor Covering: Tile
- Floor Covering: Tile - Ceramic
- Floors: 2
- Legal Description: INDUSTRIAL CENTER PB 14-81 LOT 23 BLK 17 LOT SIZE 6375 SQ FT OR 14005-3619 0289 1
- MLSID: A12100529
- Parking Spaces: 8
- Roof Type: Shingle