6 Units FOR SALE in Hialeah 6 Flex Condos Offered at $1,000,000 in Hialeah, FL
INVESTMENT HIGHLIGHTS
- Tenants are month to month
- All units have been upgraded
- New roof was installed in 2024
- Low HOA
- The condominium association provides water, insurance, landscaping, pest control, and more
EXECUTIVE SUMMARY
6 Apartments FOR SALE in the ESSEX GARDENS Community. 3 units are 2 Bedrooms, and 3 units are 1 Bedroom. This fully renovated condominium is in a great, quiet community, offering a peaceful living environment. The property features a NEW ROOF, NEW A/C, NEW water/heater, and a washer and dryer in the unit. Each unit pays a low maintenance of $230 per month (water is included). The tenant-occupied units are on a (month-to-month lease) rent, ranging from $1,500 to $1,800. This is a co-op with a land lease expiring in 2071. CASH ONLY!!!
TAXES & OPERATING EXPENSES (ACTUAL - 2024) |
ANNUAL |
|---|---|
| Gross Rental Income |
$21,600
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$21,600
|
| Taxes |
$1,954
|
| Operating Expenses |
$2,760
|
| Total Expenses |
$4,714
|
| Net Operating Income |
$16,886
|
PROPERTY FACTS
| Price | $1,000,000 |
| Price / SF | $219.30 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 6 |
| Individually For Sale | 0 |
| Total Building Size | 4,560 SF |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 305 E 4th Ave, 1st Floor - Unit 1, Hialeah, FL 33010 | Flex Condo | 760 SF | 1949 | - |
|
#6
391 E 4th Ave, 1st Floor - Unit 1, Hialeah, FL 33010 |
Flex Condo | 760 SF | 1949 | - |
|
#6
391 E 4th Ave, 1st Floor - Unit 3, Hialeah, FL 33010 |
Flex Condo | 760 SF | 1949 | - |
| 375 E 4th Ave, 1st Floor - Unit 4, Hialeah, FL 33010 | Flex Condo | 760 SF | 1949 | - |
|
#6
391 E 4th Ave, 1st Floor - Unit 8, Hialeah, FL 33010 |
Flex Condo | 760 SF | 1949 | - |
| 375 E 4th Ave, 2nd Floor - Unit 8, Hialeah, FL 33010 | Flex Condo | 760 SF | 1949 | - |
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CONTACT
-
Rusdel Del Sol -
RDS Realty
