971 E 18th St - Apartments FOR SALE


Hialeah, FL 33013- Hialeah Acres
$829,000 USD
305-883-0091
971 E 18th St, Hialeah, FL for Sale
$829,000 USD
Apartments - FOR SALE
1/27
null | 6.1% Cap Rate

971 E 18th St
Hialeah, FL 33013
Hialeah Acres


OVERVIEW

Great property in East Hialeah. Downstairs has 4 bedrooms & 2 bathrooms. Upstairs has 2 bedrooms & 1 bathroom. Bathrooms, kitchen, All Flooring redone less than 24 months ago in Italian porcelain. New washer, dryer & kitchen appliances. Large backyard with concrete patio in back with cover & planters to divide backyard. Large shed & carport. Fully fenced property. 2 well maintained AC units. Live in one unit & rent the other. Downstairs generates $3,300 per month & upstairs generates $2,500 per month. Separate meters with a master meter. All Cast iron plumbing changed to PVC. No HOA fees. Leases Expire on April 2026 (downstairs) & Dec 2025 (upstairs). Fruit trees in back. Larger than tax roll, 2,800 SF approx. NOI report attached, 6.1% cap rate if both units rented.

FOR SALE DETAILS

PRICE

$829,000 USD

PRICE/SF

$354 USD /SF

# OF UNITS

2

PRICE/UNIT

$414,500

CAP RATE

6.1%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hialeah Duplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

0100

APN/PARCEL ID

04-3108-002-5990

ASK ABOUT THIS PROPERTY

John Terry1050 PropertiesMore Info
305-883-0091

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John Terry1050 PropertiesMore Info
305-883-0091

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.