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HIALEAH 12TH ADDN

155 W 26th St, Hialeah, FL 33010
Available Now
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FOR SALEMultifamily / Apartments Building
Cap Rate
3.65%
NOI
$28,800
Building Size
1,891SF
Parking Info
6 Spaces
Year Built
1946
Occupancy
100%
Listing Contacts

More property details

APN
04-31-07-006-2161
Currently Leased
No
Investment
Stabilized
Property Class
B
Units
2
Ownership
Privately Owned

Location

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HIALEAH 12TH ADDN
About the location

Located in Hialeah, this income-producing duplex presents a rare investment opportunity featuring two separate residences on a single folio. The primary home offers two bedrooms, one bathroom, and an additional den, while the detached secondary residence at 157 W 26th Street includes one bedroom, one bathroom, and a kitchenette. Both units are equipped with central air conditioning and individually metered utilities. The current tenants have occupied the properties on month-to-month leases for more than a decade, with rents currently below market rates, creating immediate upside potential for investors. An additional shed with a window situated between the homes offers further possibilities for supplemental income. Adding to the property’s long-term value, the owner has already secured city-approved plans for the development of four twin-home villas, each approximately 900 square feet, along with a total of eight parking spaces, making this a compelling redevelopment and cash-flow opportunity.

HIALEAH 12TH ADDN
1,891 SF · multifamily · United States · FL